By Terry Savage on October 26, 2023 | Financial Planning / Retirement

In your June, 2022 column on rollovers, you mention that I can only do one rollover/year. Can you clarify – as this year I rolled over 3 different 401K accounts into accounts at Fidelity. Does the one/year apply to each individual 401K – that each one can only be rolled over to a new account once this year?

Terry Says

It applies to EACH 40l(k) plan – -But now that you have them all in one IRA, you could do only one rollover from that IRA in the next year, if you wanted to.

Recent Financial Planning / Retirement Questions



a personal
finance question