Tax season has arrived.
There’s the potentially sweet refund, but first, the annoying part: hunting for and gathering your documents, and actually filing your taxes.
It’s also a good time to take care of other financial business, like maxing out an IRA or rolling over an old 401(k).
To help you stay on track with filing your tax return from now until tax day April 18, take advantage of our tax calendar:
This page is for educational purposes only. Betterment cannot make a recommendation as to whether you should rollover your 401(k) account without knowing your personal situation. When you are deciding whether to rollover a 401(k) account, you should consider the following potential benefits of 401(k) accounts. 401(k) accounts may offer greater protection from creditors than IRAs, as well as the ability to take penalty-free distributions at an earlier age or to defer minimum required distributions. Some 401(k) accounts may also allow for loans or distributions in a broader set of circumstances than IRAs. Some 401(k) plans may also offer specific educational and advisory services to participants. The desirability of maintaining a 401(k) may also depend on the range of investment options offered within the 401(k). You should research the details of your 401(k) and speak to a tax advisor about whether the features of your 401(k) are relevant to your personal situation. The rollover process is currently automated for rollovers from select providers. If you have a provider that is not part of our automated process, you will receive an email with a checklist for completing your rollover to Betterment.