T. Rowe Price Streamlines IRA Rollovers

September 17, 2002 (PLANSPONSOR.com) - Participants looking for a place to roll over their 401(k) account may now find the going quicker with a new T. Rowe Price offering.

According to a T. Rowe Price announcement, participants can open an IRA over the phone and receive their account number immediately – a piece of information typically required to complete a K plan rollover.

During a phone call with a T. Rowe Price representative, participants can make their investment selections. Investors going on this route have to sign and mail back one form, the company said.

The T. Rowe Price announcement said participants can also do the same thing online, which eliminates paperwork entirely. That’s because investors can sign their account opening paperwork electronically.

For more information, go http://troweprice.com/rollover