Get Fresh Tips Every Week!
Don't Miss Any Investing Tips. Subscribe to the Investing Tip Newsletter.

View Archive

Bookmark      RSS
 

Business Solutions
Our tips are powerful.
Our writers are experts.
Our results are guaranteed.

 

Listen to our Radio Show
Hot topics for both consumers
and webmarketers
on WebmasterRadio.FM

Every Wednesday, 4PM Eastern.

 

November 23, 2007, Newsletter Issue #93: Ask For a Direct Rollover


1

Tip of the Week

When you leave your job, you can either leave the money you've contributed to the 401(k) with the company, or you can ask to have it transferred to an IRA with an IRA rollover. If you choose to transfer it, be sure to specify that you want a "direct IRA rollover." With a direct rollover, you won't be charged early withdrawal fees. Make sure you get a written explanation of your IRA rollover for tax purposes. Even though your rollover doesn't count as income, you must report it on your taxes.



2

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.



Learn more about our Exclusive Program we offer our clients.