Your vested account balance will be paid to an IRA (individual retirement account or individual retirement annuity) or a new employer’s retirement plan that accepts rollovers on your behalf.
Things to Consider
With a direct rollover, you can continue to defer taxes on your account balance. Taxes will apply when this money is eventually paid to you.
If a portion of your account is invested in the Rockwell Automation Stock Fund, you’ll need to decide if you want it paid out as cash or as stock.