Free decision tool
Should you actually roll over your 401(k)?
Every other rollover tool assumes you should roll. Sometimes you shouldn't — the old plan might give you penalty-free access before age 59½, or let you save thousands in taxes on company stock. We'll tell you honestly which path wins for your situation.
When staying is the right move
- Rule of 55 eligibility
- If you separated from service in the year you turned 55+, the old 401(k) gives you penalty-free access until 59½ — IRAs don't. Rolling forfeits this permanently.
- Employer stock in your 401(k)
- If your 401(k) holds appreciated company stock, a special tax election (called Net Unrealized Appreciation) can save tens of thousands — but only if you choose it at the time of distribution. Rolling first = the election is gone forever.
- Excellent plan fees + fund lineup
- Mega-employer 401(k) plans (Google, Microsoft, federal TSP) sometimes have lower fees and better institutional fund access than retail IRAs. Rolling may cost you money.
- Outstanding 401(k) loan
- Resolve the loan first — rolling with an outstanding balance can trigger a taxable loan-offset distribution. Different remediation path, not a normal rollover.
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This tool provides educational information about rollover trade-offs. It is not personalized financial or tax advice. Consult a CPA or fiduciary advisor for advice on your specific situation.