Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
The only thing I know for sure is that you need to move up the food chain at WellsFargo. AFAIK separate accounting of a Roth 401(k), including earnings, is required of the plan. The Roth 401(k) can be rolled only into another Roth plan or a Roth IRA. There's no way one check is possible for your entire 401(k).

Even though it is incorrect, it doesn't mean that an airhead in the office would not do it. Hopefully, a distribution would require review by a competent person but I would not count on it.

Having Etrade submit the proper rollover paperwork should result in a proper rollover. Attempting to work up the food chain at WellsFargo should eventually result in a correct answer, but I am not certain that it is worth the effort.

Debra
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.
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 Glassdoor #1 Company to Work For 2015! 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