Absolutely. People often roll over their previous 401(k) into an IRA as it allows for more investment options and control. Some IRAs will give you the option to select socially responsible stocks and often have better fee structures than a 401(k). Plus, it’s easier to consolidate your retirement funds and deposit your current contribution into a retirement account, which can’t be done in a previous 401(k).
Ready to get started? Take a look at our Rollover Guide.