How to Roll Over Your Old K-12 Teacher / School District 401(k)
K-12 teachers and school district employees typically participate in 403(b) plans and/or 457(b) plans, often alongside a pension. TIAA, Voya, Lincoln, and Equitable are common providers. Rolling over a school district 403(b) is often overlooked — and leaving it behind means losing track of hard-earned savings.
K-12 Teacher / School District's 401(k) is managed by Voya Financial — see our Voya Financial rollover guide
K-12 Teacher / School District 401(k) Rollover FAQ
I'm a teacher — should I roll over my 403(b) or leave it?
If you have a pension (defined benefit plan), you may be less reliant on your 403(b) for retirement income. However, consolidating it into an IRA still makes sense to reduce fees and gain more investment options.
Can teachers roll over a 457(b) without penalty at any age?
Yes — governmental 457(b) plans have no early withdrawal penalty, even before age 59½. This is a major advantage for teachers who leave the profession before traditional retirement age.
RECORDKEEPER GUIDE
K-12 Teacher / School District's plan uses Voya Financial
See our step-by-step guide for exactly how to initiate a rollover from Voya Financial, including contact numbers and timelines.
Ready to roll over your K-12 Teacher / School District 401(k)?
Free service. No obligation. We handle the coordination with Voya.