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Author: jmichel1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72499  
Subject: 401K Rollover Date: 4/18/2000 1:06 PM
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I would like to roll my 401K into a self-directed IRA. I have changed jobs and want to put this money into Datek and establish an IRA using the Foolish 4. Is this possible? How would I do it? Any advice or criticism?
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Author: jrr7 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 21322 of 72499
Subject: Re: 401K Rollover Date: 4/18/2000 1:10 PM
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Quite often you can't touch your 401K until you leave the job -- check with your plan administrator.

If you can get at your 401K, then yes, it's possible. Call up Datek and ask them how it's done--they should be able to tell you the procedure. Your plan administrator will have to make out a check for the value of your account, payable to "Datek - FBO jmichel1". You then send in the check with your account application.

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