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Rollover a 401(k) The Retirement Center Cashout Calculator

Take control of your retirement readiness - A rollover IRA allows you to take control of your money in a 401(k), 403(b),or other employer-sponsored retirement plan and maintain tax-deferred growth while avoiding current taxes and penalties. Rollover IRAs are commonly used by individuals who are leaving their current employer and want to take their old 401(k) assets with them.

Sometimes even the most experienced investors want professional advice. When you need someone to talk to about your individual needs, our retirement counselors are ready to help with:

  • Retirement planning including allocating a rollover, building a nest egg, and generating income
  • Managing today’s markets with a wide range of investment solutions
  • Building a balanced portfolio for the long term
  • Investing for a specific short or long term goal (buying a home, college, etc)
The High Cost of Cashing Out:
Current Age:
Retirement Age:
Assumed Return Rate: %
Plan Balance: $
info
Calculator Information
This calculator assumes a tax rate of 30% and IRS penalties of 10%. You can begin taking distributions from IRAs at age 59.5 without penalties.
 
If I Cash Out Now...
I'll Pay Penalties of:
I'll Pay Taxes of:
Taxes + Penalties
I'll have this much left:
   
If I Roll Over...
It will be worth $
at retirement