Should you rollover your pension into a 401(k)?

By Forinfos - 25/03/2025 - 0 comments

Rolling pension plan benefits into a 401(k) is a good idea for investment-savvy workers who are concerned about their company's long-term financial health, according to U.S. News & World Report. Rolling over pension funds results in smaller monthly benefits, but the decision gives individuals more control over their retirement funds.

Traditional pension plans aren't eligible for transfer to a 401(k), but some companies give employees lump-sum payouts that they can roll over into an investment account, U.S. News & World Report notes. The lump-sum payouts usually represent a only portion of the pension, and the payouts typically are less than the pension's actual value.

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