An IRA rollover can be an excellent strategy for individuals who want to consolidate their retirement savings or move to a new custodian. An IRA rollover involves transferring funds from one retirement account to another without triggering any tax implications. The process offers several benefits, including higher investment options, lower fees, and greater flexibility.
In this article, we will explore what an IRA rollover is, how it works, and what to consider before embarking on this strategy.