GMN
Well-known member
Has anyone ever done this, and where are some good places to open an IRA account?
Thanks
GMN
Thanks
GMN
backhoeboogie":13vmh34k said:Check Fidelity. My current 401K is set up with them and they offer a variety of services.
There are a host of banks out there willing to help. I took a "buy out" from an Engineering firm on a vested retirement a few years back. The requirement then, for that scenario, was to have an IRA account set up before the money could be transferred. I went to the bank, they understood all the legalities, why I needed the help, set it up for me, and was glad to have my business. The old 401K as well as the vested retirement agreement amount were transferred into IRA CDs with ease. I was offered a host of other options but elected to just go with the CDs at election time. Good thing!