Viewing a single comment thread. View all comments

Werewolfdad t1_j6os56h wrote

> A lump sum cash distribution of my vested balance, less any income tax withholding. A

This one. I'd seriously reconsider though unless you are in absolutely dire straits

3

OverCastle28 OP t1_j6ou85s wrote

So let’s say I go to a new job since the one I’m at is getting ready to remodel, can this 401K be transferred over now or is it too late since I got a letter in the mail saying if I do not request my distribution by March 8th, my account balance will be forced out of the plan?

1

Werewolfdad t1_j6ougf8 wrote

You have until March 8 to roll it into an IRA or new 401k

1

OverCastle28 OP t1_j6oukh6 wrote

Alright that’s gonna kinda screw me over, we’re not closing until April

1

Werewolfdad t1_j6ouo18 wrote

Then open an IRA and roll it into that

2

OverCastle28 OP t1_j6outkf wrote

What’s the website since I don’t have the correct one?

1

Werewolfdad t1_j6ov369 wrote

Any brokerage.

Fidelity, schwab, vanguard, wealthfront, betterment, m1 finance, TD ameritrade, Merril, etc.

Fidelity will probably be easiest.

You can get help at /r/fidelityinvestments

2