Retirement & Wealth
IRA Rollover
Moving retirement savings between plans without triggering tax.
What this cover does
A rollover moves funds from one qualified plan to another while preserving tax-deferred status. Done directly, trustee to trustee, nothing is withheld and nothing is taxed. Done as a cheque to you, mandatory withholding applies and a 60-day clock starts.
Typically included
- Direct rollover from an employer plan to an IRA
- Consolidation of several old plans into one account
- Preservation of tax-deferred status
- Traditional and Roth account options
- Beneficiary designation review
Common add-ons
- Roth conversion analysis with tax projection
- Annuity funding inside an IRA
- Required minimum distribution planning
- In-service rollovers where the plan permits
Questions
What people ask about ira rollover
Direct or indirect rollover?
Always direct where possible. An indirect rollover has 20 per cent withheld, and you must replace that from your own funds within 60 days or it is treated as a taxable distribution.
Should I leave it where it is?
Sometimes. Old plans occasionally carry institutional pricing or protections worth keeping. We compare fees, investment range and creditor protection rather than assuming a move is better.
Often taken together
Related cover
Retirement Income Planning
Turning accumulated savings into income that lasts as long as you do.
Read more →Pension Maximisation
Comparing a higher single-life pension plus life cover against a joint-and-survivor election.
Read more →Quote IRA Rollover
Tell us what you already have and we will show you where this fits — or tell you plainly that you do not need it.