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Financial Planning / Foolish 401(k)s

URL:  https://boards.fool.com/it-should-be-yes-but-you-will-have-to-wait-until-29677182.aspx

Subject:  Re: 401K rollover Date:  11/18/2011  3:20 PM
Author:  Fuskie Number:  24787 of 26270

It should be, yes, but you will have to wait until you leave the current employer. Is the Employer Match in a separate account from the two 401k's? Since you are fully vested, it should be your money in the Traditional 401k (if tax deferred) or the Roth 401k (if post-tax contribution). My guess is that it is pre-tax, but personally I have not heard of a company match that didn't go into the actual 401k but was held in a separate account. Then again, it's been a long time since I have had a job that offered any retirement savings.

Fuskie
Who suggests taking to your IRA broker to find out the steps you will need to take to roll the cash assets of the retirement savings over to your IRA accounts so that you will be prepared when you do leave your current position...
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