301 Redirect
Search engines like Google prefer 301 (permanent) redirects. These redirects can be changed and erased as desired. The 302 (temporary) redirects behave similar to 301 redirects; however, they are less favored since they redirect visitors and search engines without updating the bookmark.
Masked Forward and HTML Forward
You can accomplish something similar to a masked forward in cPanel. This is known as a parked domain. Using this method, the parked domain name will show in the browser address bar while displaying your primary domain's website.
Advanced Questions
1. How do I redirect my website to another IP but still keep my email here?
You must customize your A record. This record controls where you domain's website is hosted.
2. How do I redirect my subdomains to another site at the DNS level?
This is done with a CNAME record. This record controls each subdomain name like wwwand mail.domain.com.
3. How do I redirect my emails to another server?
You must customize your MX record. This record controls which host your emails will be delivered to.