Watch that free money for IRA rollovers (@RetireRevised @Reuters @bethpinsker)

Mark Miller does a good job explaining the potential benefits of moving your Individual Retirement Account (IRA) to a different institution, as well as rolling over your 401(k) into an IRA. But perhaps more importantly, he explains why (and when) this may not be a good idea, and points out some potential pitfalls to look out for.

Full Article at Reuters

"Back in the day, you could walk into a bank to open a new account and walk out with a free toaster.

Today, you can get anywhere from $50 to $2,500 for rolling over a 401(k) into an Individual Retirement Account, or just by moving an IRA from another financial institution. 
But since banks are not in the habit of giving away money, you need to ask: What is the catch?"

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