When Paul leaves his job at Acme Bending Company, he may choose to move his 401(k) balance to a plan called a rollover IRA.

Name: When Paul leaves his job at Acme Bending Company, he may choose to move his 401(k) balance to a plan called a rollover IRA.
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Paul can choose to transfer his 401(k) balance to a rollover IRA account, which allows him to maintain the tax-deferred status of his retirement savings and gives him more investment options and control over his funds.

When Paul Leaves His Job at Acme Bending Company, He