Rollovers help perserve the tax status of money that you have saved. For example, you can rollover money from a 401(k) into an IRA, preserving the tax-free gains exception, but allowing more control over your money than in a company-sponsored 401(k). This is particularly helpful for people who have had many jobs and may have several accounts at different companies. Rolling your funds into a single account is convenient and can also be a good way to get other relationship-benefits from your financial services provider.
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