When you leave an employer you typically have four options for what to do with your savings.
Wells Fargo has a range of account choices to help you reach your current or future retirement goals.
401(k) rollovers are easier to complete than you think. Let us show you how.
Call us 1-877-493-4727
Do you have multiple Individual Retirement Accounts (IRAs)? Wells Fargo can help you with the safe rollover of IRAs you have at other institutions. Learn how to transfer an IRA to Wells Fargo.
You may gain tax benefits by converting funds from a Traditional IRA or a 401(k), a 403(b), or a 457 plan into a Roth IRA. Is a Roth conversion right for you?
It may be tempting to pull money out of your 401(k) to cover a financial gap. Or, when you are considering rolling money over from a 401(k) to an IRA, you may wish to roll over only a portion of your retirement savings and take the rest in cash. But do you know the true cost? Use our 401(k) Early Withdrawal Costs Calculator first.
Information published by Wells Fargo Bank, N.A., Wells Fargo Advisors, or one of its affiliates as part of this website is published in the United States and is intended only for persons in the United States.
If you choose to roll over money from your 401(k) to an IRA, please make sure the investment choices you select inside your IRA are suitable to meet your needs and you are aware of all applicable charges. Traditional IRA distributions are taxed as ordinary income. Qualified Roth IRA distributions are not subject to state and local taxation in most states. Qualified Roth IRA distributions are also federally tax-free provided a Roth account has been open for at least five years and the owner has reached age 59 1/2 or meets other requirements. Both may be subject to a 10% Federal tax penalty if distributions are taken prior to age 59 1/2.
Retirement Professionals are registered representatives of Wells Fargo Advisors, LLC. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company. Discussions with Retirement Professionals may lead to a referral to Wells Fargo Advisors’ affiliates including Wells Fargo Bank, N.A. Wells Fargo Advisors and its associates may receive a financial or other benefit for this referral.
Wells Fargo & Company and its affiliates do not provide tax or legal advice. Please consult with your tax and legal advisors to determine how this information may impact your own situation.
Brokerage products and services are offered through Wells Fargo Advisors. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC, Members SIPC, non-bank affiliates of Wells Fargo & Company.
Wells Fargo Bank, N.A. is a banking affiliate of Wells Fargo & Company.
0513-05669
