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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 81629  
Subject: Re: Thorny 401k rollover problem Date: 10/10/1997 11:48 AM
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Yo, GaFool.

<<I am not the expert here, but assuming that you can get the check re-cut(and it was not made payable to you in the first place), you may want to check local banks to find someone willing to accept the funds by setting up an IRA account using a, say, 3-month CD. This must be a new account marked 'Qualified Pension Plan Rollover' (very important) and you cannot add any other monies to it, either as contributions or from other IRA accounts.
When the CD matures, request a rollover to your new employer's plan. You can only rollover accounts marked as above. Your new plan administrator should not have a problem with this since the money will be coming from a 'qualified trustee'.>>

Great response! While the employer may still impose additional proof requirements like the IRS determination letter, most plans would accept this approach.

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