3 common IRA rollover tax traps — and how to avoid them

3 common IRA rollover tax traps — and how to avoid them
·6 min read

If you’ve left your job, doing an IRA rollover of the balance in your company retirement plan is usually a tax-smart move. A rollover allows you to continue to defer taxes on the amount you roll over. After exiting your old job, you’ll probably want to roll over money from your former employer’s qualified retirement plan (or plans) into an IRA.