How does an employee roll over a 401k from a previous company?

August 6, 2015
How does an employee roll over a 401k from a previous company?

Employees need to rollover their old 401ks themselves; employers cannot do it for them. The first few steps include the employee contacting their former employer or retirement plan provider and notifying them that they would like to transfer/rollover their 401k to their current employer or other retirement plan provider. The employee should follow the instructions from their new employer or new retirement plan provider to open a new account and then follow the transfer/rollover steps provided by their former employer or retirement plan provider.

This communication is for informational purposes only; it is not legal, tax or accounting advice; and is not an offer to sell, buy or procure insurance.

This post may contain hyperlinks to websites operated by parties other than TriNet. Such hyperlinks are provided for reference only. TriNet does not control such web sites and is not responsible for their content. Inclusion of such hyperlinks on does not necessarily imply any endorsement of the material on such websites or association with their operators.

Additional Articles
ESAC Accreditation
We comply with all ESAC standards and maintain ESAC accreditation since 1995.
Certified PEO
A TriNet subsidiary is classified as a Certified Professional Employer Organization by the IRS.