The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: 401K Rollover before retirement Date:  1/11/2005  12:52 PM
Author:  Watty56 Number:  43969 of 88440

I happened to think of one more potential problem with doing multiple small rollovers. That is that you increase the changes of there being a problem in processing the paperwork since each rollover probably involves your HR department, the old 401K administrator, the new IRA administrator, IRS and several pieces of paperwork and a check being mailed through the post office.

The more times you do this the more chance there is there an error will occur somewhere in the process.


Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us