Finance Speaks

4: Rolling a 401k into a 457


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We received this question regarding "rolling over" someone's previous employer's 401k into their current employer's 457 plan.  Is this allowed?  What should the person be aware of any penalties or restrictions?  What should they know before doing this rollover?  Because we find this to be commonly asked question, we thought that it may be beneficial to address the question on Finance Speaks.
Legal Disclaimer: Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Precept Wealth Management and Cambridge are not affiliated.
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Finance SpeaksBy Kyle A. Sadler