Can we roll over our 401(k) to an IRA and still take advantage of employer matching funds?

My wife and I are currently contributing to a 401(k) plan and receiving an employer matching contribution. However, we would like to invest our retirement funds without being limited to the mutual fund and fee structure options chosen by our employers. Can we claim the employer match on our 401(k) contributions while rolling over the balances regularly to an IRA?

Financial Planning, Retirement, Investing, IRAs, Mutual Funds
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3 weeks ago

As a general rule, you can not roll over assets from your 401(k) to your IRA until you have separated service with your employer. The exception to this is if your plan has an in-service nonhardship withdraw privilege.  These have very strict rules as to when and how much you can roll over while still employed.  If under these rules you can move those assets over then yes you can contribute to your plan and claim match. However, understand these options are not the norm.

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