Test Your Knowledge: Changing Jobs

The following quiz is a review of the material on changing jobs. If you have trouble with a question, refer back to the appropriate article for help.

1 A rollover IRA is (     ).
2 You can avoid the mandatory 20 percent withholding on a retirement plan distribution by (     ).
3 What is the advantage of moving your old retirement plan to your new employer's plan?
4 Tax rules for the distribution from your former employer's account (     ).
5 A drawback of leaving your retirement investments with your former employer is (     ).
6 With an indirect distribution of your retirement proceeds, you can recover the mandatory 20 percent withholding (     ).
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