Rollover IRA

Making the most of your retirement planning as you move forward

Why Consider a Rollover IRA

If you are changing jobs or have retirement plan assets with a former employer, a rollover IRA may help you keep those assets in one place and easier to manage.

  • Move retirement plan assets from a former employer’s plan without immediate taxes or penalties
  • Keep your assets growing without being taxed while they remain in the account
  • Combine retirement assets from multiple employers into a single account

A rollover IRA is one of several options available when leaving an employer. Taking time to review your choices can help you decide what works best for you.

Rollover Options: Traditional or Roth IRA

If you roll money into an IRA, you will choose either a Traditional IRA or a Roth IRA. The right option depends on your income and tax situation

Traditional IRA

Anyone who earns taxable compensation is eligible to make contributions to a Traditional IRA. Contributions to a Traditional IRA grow tax-deferred until the money is withdrawn.


Roth IRA

If you’ve earned income below a certain threshold – $168,000 (filing single) or $252,000 (filing joint) for 2026 – a Roth IRA may be appropriate for you. Your contributions and any accumulated earnings can be withdrawn tax-free at retirement.

Convert Your Traditional IRA to a Roth IRA

A Roth Conversion allows you to take money in your Traditional IRA and move it into a Roth IRA. Generally, you’ll owe taxes on the amount of money you convert. However, qualified withdrawals from a Roth IRA can be made tax-free. This may result in significant savings in the long run. Consult your legal or tax adviser on this opportunity and your individual tax situation.

Call 855-762-4683 for help in deciding whether a Roth Conversion is appropriate for you.

Get Started

Your journey toward achieving your goals is at your fingertips

Connect with Us

Share your information
and we'll get in touch.

Call Us

Mon - Fri: 8:30am - 5pm ET

Visit Us

Find a PNC location near you
and stop by to see us.