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|Subject: Re: 401k to IRA - Liquidate First??||Date: 9/9/1999 10:19 PM|
|Author: YellowHammer||Number: 13831 of 74001|
My thanks to Fox and Bobbcat for the feedback.
You make the good point that if I liquidate I will be out of the market until the IRA is established and I'm clear to trade. Any info you can give me from your experiences as to how long it may take for the transfer to happen?
All three funds that we currently hold in the 401(k) are "A" shares, which is why I was curious about them possibly being transferred instead of automatically cashed out.
I'm waiting for the forms to arrive from my prospective new broker. I'll be sure to look for the option of cash vs share transfer on the paperwork.
Thanks again to you both!
Yellow sends ...
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