If you have decided to leave the company you are working for then your employer will provide two options for your 401K funds. The two options are: direct transfer or the rollover 401K and the other one is the indirect transfer or the transfer of funds using checks.

The employer will give you two options for your 401K funds when you decide to leave the company. The two options you have are the indirect transfer or the transfer of funds using checks and the direct transfer or the rollover 401K.

Your employer can offer you two options for the funds you have in your 401K if you decide to leave. You can either use a direct transfer which is also known as the rollover 401K or an indirect rollover or also known as the transfer of funds.

There is a specialized retirement plan that was created for the benefits of individuals who own a business which is called a Roth solo 401K. This account is a new retirement plan a lone proprietor who does not intend on hiring any employees.

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A self-directed solo 401K is also known as the Individual 401K or the Uni-K that was designed strictly for business enterprises owned by a single individual or sole proprietors. Additionally, the enterprise should not employ any full time workers.