How long does a 401K "rollover" take?

Micheal Kors29 Mar, 2023Business

The timing depends on the type of IRA you have. For a 401k rollover, the funds are typically paid directly to you and you then have 60 day window to transfer them into the self-directed IRA account. If you fail to do so in this 60-day period, you may face some tax penalties. As always, when making these types of investment decision, we recommend you speak with your tax advisor or attorney.