Live music returns Thursday night to the iconic bandshell on the Hollywood Beach Broadwalk, now under management of the new Margaritaville Hollywood Beach Resort.
The short answer is that yes, you can roll the funds from a traditional IRA into a 401(k) as long as the 401(k) plan allows it.The same goes for doing a rollover into a 403(b). The slightly longer answer is that you can only roll over tax deductible contributions and earnings.he short answer is that yes, you can roll the funds from a traditional IRA into a 401(k) as long as the 401(k) plan allows it.
You can't just put the money you take out of the 401k plan, put it back into the stock market and hope Uncle Sam won't mind. Instead, you've got to roll it into another qualified retirement plan, such as a 403(b), IRA or another 401k, in order to preserve the tax-deferred status of the money. For example, your new employer's plan might accept rollovers so you could move it there.