Qualified accounts are unique in that they are tax-favored retirement accounts. One of the benefits on having a qualified account, like a 401(k), TSP, or 403(b), is that they can be rolled over into a personal IRA, provided you are age 59½ and your plan permits such. Once under your control as your IRA, you have the ability to determine how you want that money invested and diversified, whether it be self-managed, or through an advisor. Like all qualified accounts, reaching 72 years of age, triggers Required Minimum Distributions (“RMDs”). It’s important to seek assistance from a qualified financial professional regarding any IRA rollers you are considering, as well as how to calculate and deal with the tax consequences of RMDs.