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0:00 Intro
1:00 Call your financial institution
2:44 Types of rollovers
4:12 Transferring funds w/o penalties
5:07 Bringing the checks to Fidelity
9:06 What options do you have when rolling over?
9:51 Why you should rollover after leaving/switching employers?
10:54 Do the stocks get moved over or is it in the form of cash
11:35 Paying taxes/ penalties
12:41 Outro
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// MENTIONED IN THIS VIDEO:
Qoorio
Fidelity Investments
// WHAT TO WATCH NEXT:
My $37,000 401k Stock Portfolio
My $30,000 Roth IRA Stock Portfolio
401k vs Roth IRA vs Brokerage Account
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// CHECK OUT MY FAVORITE INVESTING BOOKS & OTHER TOOLS:
// MY FAVORITE BOOKS ON INVESTING & PERSONAL FINANCE:
The Solomon Portfolio (Proper asset allocation according to the Bible)
Rich Dad Poor Dad (Manage money like the rich)
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TRIPOD (small)
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For business inquires only: adrienneinvests@gmail.com
1 Timothy 6:10 For the love of money is the root of all evil.
Proverbs 30:8-9 Keep falsehood and lies far from me; give me neither poverty nor riches, but give me only my daily bread. Otherwise, I may have too much and disown you and say, ‘Who is the Lord?’ Or I may become poor and steal, and so dishonor the name of my God.
Ecclesiastes 8:19 So I commend the enjoyment of life, because there is nothing better for a person under the sun than to eat and drink and be glad. Then joy will accompany them in their toil all the days of the life God has given them under the sun.
Disclaimer: The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice. Any stocks shown on video should not be considered “investment recommendations”. Adrienne Invests is not liable for any losses you may incur for investing and trading in the stock market.
FTC: Some of the links in this description are affiliate links, meaning, at no additional cost to you, I will earn a commission if you use these links. Adrienne Invests is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. I make a commission for purchases made through some links in this description.
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Hi my name is Adrienne! I post videos every Monday on all things investing and personal finance for beginners and die hard investors. I’ve amassed an over $100k stock portfolio by 25 years old and love to share my experiences with you!…(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Do you have a 401k or an IRA?
Got a little confused so since it's 403b it needs to be rolled into a roth ira? Since I read 403b is for non profits is it already taxed or has its own tax rules?
helpful for sure! i'm planning on rolling over at age 55. looking forward to a better investment than the 403b has been, or notbeen as the case may be
Is it possible to roll over my deceased parent 403 into my 457?
Hey I'm the beneficiary of parent 403b. I was planning on taking the lump sum and of course paying taxes, but I seen they was giving me the option of rolling it over to a ira and such which would advoid fees and taxes,
What are you guys opinion on which route I should go?
I had a 403b retirement account with TransAmerica with my employer and I requested to move the funds to my Fidelity ROTH IRA after I left my company. I requested the required federal and state income tax deducted from the amount, but they ended up moving ALL of the funds with no deductions. Does this mean I don't have to pay taxes or I'll have to pay once I do my income tax?
Wow, thanks so much for sharing this! I'm in the middle of the same process.
Please tell me you can just do all of this online? Seems like a long process. I plan to rollover my trad 401k to a trad IRA once I leave my company.
I was wondering if you can you do a roth 403b rollover if you are still with the same employer and under the age of 59?
Very helpful and informative, Adrienne…. Hope your portfolio is holding up with all this market volatility!.. I am gonna save this one for future reference.. Glad to see you back, girl.
After rolling over, can you do dollar cost averaging or do you have to buy immediately with all the cash?
BEAUTY
I had VOYA from my first employer that sponsor a 401K. Long story short, they notify me that I had money sitting with them from 6 years ago. I did go through hoops and loops for 4 months. One was to show them my letter that I had money with them. The other was change of address. Long story short, it’s best to have all your accounts in one place. It’s less hassle overall.
I have investments in same account too. Easier to maintain. Also, I prefer my financial institution over the employer's. Options are better.
Adrienne stop playing games and invest in Tesla and Dogecoin. Love you!
how old can i do that what if my work not letting me to?