What is a rollover IRA?
A Rollover IRA preserves the tax–deferred status of your retirement assets from a qualified employer-sponsored plan such as a 401(k) plan, and allows you to avoid current taxes and early withdrawal penalties on payouts received from your employer’s retirement plan when you change jobs or retire. Within a Rollover IRA, you can shoose from thousands of investments, including stocks, bonds, CDs, and mutual funds, just to name a few.
