Yes — if your current employer's plan is administered by RMO Investments, Inc., or you're moving to an RMO IRA, RMO can typically accept rollovers from a previous employer's 401(k), 403(b), or eligible governmental plan.
Common rollover scenarios:
- Direct rollover from a former employer's 401(k) into RMO 401(k) at your new employer.
- Direct rollover from a former employer's 401(k) into an RMO IRA.
- Trustee-to-trustee transfer from a previous IRA into an RMO IRA.
How a direct rollover works:
- Open the receiving RMO account (401(k) at your current employer or IRA at RMO Investments, Inc.).
- Request a direct rollover from your previous plan administrator.
- Funds move directly from the old plan to RMO — no taxes withheld, no 60-day deadline risk.
- Once received, RMO Investments invests the funds per your investment elections.
Important considerations before rolling over:
- Compare investment options, fees, and services between the old plan and the new account.
- Some employer plans offer institutional-class funds with lower expense ratios than retail IRA options.
- If you have company stock with significant unrealized gains, the NUA (Net Unrealized Appreciation) rules may make rolling over the wrong choice.
- This is a tax-and-investment decision — consider scheduling time with an RMO Investments adviser before deciding.
Investment products are not FDIC insured, not bank guaranteed, and may lose value. RMO Investments, Inc. is a separate entity from RMO Bank.