Which of the following statements about rollovers is false?

The correct statement is that rollovers generally increase retirement savings. When an individual rolls over their retirement account, such as moving funds from a 401(k) to an IRA, they often do so to take advantage of better investment options, lower fees, or more favorable terms. This transfer can lead to better growth potential for their retirement savings over time.

In contrast, the other statements outline potential limitations or nuances associated with rollovers. For example, rolling over funds within a specific time frame is essential to avoid tax consequences. Noncash assets can indeed be rolled over, although the process might involve a bit more complexity. Forward averaging benefits can potentially be lost if funds are not transferred carefully. Understanding these nuances is important in the broader context of retirement planning, but rollovers fundamentally aim to increase and optimize retirement savings.