T. Rowe Price 401(k) Rollover Guide

T. Rowe Price is the provider brand associated with the workplace retirement accounts discussed on this page. A Workplace Retirement login exists for participants in employer-sponsored plans at T. Rowe Price, while a separate Personal Investing site serves IRA holders and individual investors. Because the IRS ties distribution eligibility to conditions each employer's plan document establishes, the specifics of any particular account depend on that plan rather than on a uniform T. Rowe Price standard.

• Former employees whose workplace retirement account is held at T. Rowe Price and who need to identify the correct portal after separation.
• Job changers evaluating IRS rollover structures and the withholding differences between direct transfers and 60-day rollovers.
• Participants uncertain whether the Workplace Retirement site or the Personal Investing site applies to their employer plan.

The IRS outlines two rollover methods—a direct transfer that moves funds straight from one plan or IRA to another, and a 60-day rollover where the participant personally receives a distribution and must redeposit it within 60 days. Choosing between these methods matters because a distribution paid directly to the participant triggers mandatory 20% federal withholding, whereas a direct rollover to another plan or IRA avoids that withholding entirely.

The IRS also notes that a receiving plan is not required to accept rollover contributions, so verifying acceptance with the destination plan or IRA custodian before requesting any distribution is a practical early step.

• Review old statements or enrollment materials to confirm the account is on the T. Rowe Price Workplace Retirement platform.
• Contact the destination plan or IRA custodian to confirm it will accept rollover contributions.
• Determine whether a direct rollover or a 60-day rollover fits your situation, keeping in mind the different federal withholding treatment the IRS applies to each.

T. Rowe Price recordkeeps accounts for many employers, but the IRS requires participants to satisfy conditions established by the specific employer plan before any distribution can occur. This means two accounts on the same T. Rowe Price platform may operate under entirely different vesting schedules, distribution triggers, and rollover terms depending on what each employer's plan document specifies.

The IRS further confirms that a receiving plan may decline rollover contributions, so even after meeting the distributing plan's conditions, the destination plan's acceptance is a separate requirement.

• Distribution eligibility is governed by the employer's plan document, not by T. Rowe Price as a platform.
• Receiving plans are not obligated to accept rollover contributions under IRS rules.

T. Rowe Price provides a Workplace Retirement login for participants in employer-sponsored plans, and this is the entry point for anyone whose account originated through an employer relationship. The Personal Investing site is a separate platform that serves IRAs and individual accounts, so it is not the correct starting point for an employer-sponsored plan balance.

Because the IRS requires participants to meet conditions set by their employer's plan before a distribution can occur, the options available to any individual will depend on what that plan document permits rather than on a uniform T. Rowe Price policy.

• Use the Workplace Retirement login—not the Personal Investing site—to reach an employer-sponsored plan balance at T. Rowe Price.
• An IRA held at T. Rowe Price is managed through the Personal Investing site; the two platforms do not share account views.

A common source of confusion is reaching the Personal Investing site when the employer plan actually resides on the Workplace Retirement platform, especially when a general web search surfaces the wrong portal first.

Some former employees expect a new employer plan to automatically accept an incoming rollover, but the IRS makes clear that receiving plans are not required to do so. Taking a distribution check personally rather than arranging a direct transfer subjects the payout to mandatory 20% federal withholding and starts the 60-day window for redeposit.

• Logging into the Personal Investing site when the employer plan is on the Workplace Retirement platform.
• Failing to confirm that a new employer plan or IRA will accept rollover contributions before requesting a distribution.
• Not accounting for the 20% mandatory federal withholding that applies when funds are paid directly to the participant.