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I am about ready to leave my job and rollover my 401k. Does anybody know if there are any time requirements on the EMPLOYER's part, as far as how soon they must cut a check or transfer the funds to your new account ?

Any help would be greatly appreciated.
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I am about ready to leave my job and rollover my 401k. Does anybody know if there are any time requirements on the EMPLOYER's part, as far as how soon they must cut a check or transfer the funds to your new account ?

I don't believe there's anything in the code or regs that requires employers to disperse distributions within a certain time period. In fact, some less-than-steller 401k providers might limit distributions to just certain times of the year (ie. end of month, quarterly). However, in my experiencesm most providers can cut a check within a few days after receiving your completed paperwork.



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