Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: mjturick Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25247  
Subject: Corporate 401K transition Date: 6/23/2000 11:35 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0

In January my employer froze contributions to our Fidelity 401k accounts
as they were transitioning to new corporate managed funds. But they were
going to let us maintain our current assets with Fidelity.

In July they are forcing us to transfer all of the Fidelity assets into the corporate funds. From there we _may_ be eligable to reinvest those assets, through another broker (with signup, and transaction fees!) into some of the Fidelity funds. Though I don't know if we will be able to access closed funds, even if we currently own them.

My question: Aside from leaving the company prior to the July transition date, is there anything I can do to roll over the Fidelty account assets into a personally managed 401k account?

Thanks for your suggestions.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Deranged Monkey Criticism

RadioShack Afloat on a Sea of Financing
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement