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Consolidating your retirement accounts, just be sure to follow the rules

A typical individual who has worked for 30 years likely has switched jobs six or seven times and may have just as many former employer retirement plans. According to Millennium Trust Co. 25 million participants in workplace plans separated from an employer and left at least one account behind and millions more left two or more accounts behind. You may at some point think about consolidating your accounts; however, before you make any moves, be sure you understand some basic rollover rules and what options are available to you just be sure to follow the rules. The attached article points out some of the rules and provides a link to the rollover chart at click here…

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