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To: ponygirl

I wish I could help you with the retirement details, but best to reach out to your HR. I know you can transfer your 401k to another IRA with your personal brokerage after separating.


2,097 posted on 10/13/2021 3:02:12 PM PDT by SheepWhisperer (My enemy saw me on my knees, head bowed and thought they had won until I rose up and said Amen!)
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To: SheepWhisperer; ponygirl

Ponygirl,

yes, SheepWhisperer is correct, the retirement funds can be rolled over to another existing IRA or 401k.

Many moons ago I got thrown out of a small (dysfunctional) govt contractor company, and rolled the retirement plan funds over into another existing 401k account.

Check with the HR dept and also whoever does your taxes.


2,098 posted on 10/13/2021 3:19:14 PM PDT by WildHighlander57 ((The more you tighten your grip, the more star systems will slip through your fingers.) )
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To: SheepWhisperer; ponygirl
I know you can transfer your 401k to another IRA with your personal brokerage after separating.

I'm sure there is someone on here that knows more than me, but I'd consult an expert before moving your 401K.

I think you said you had a decade before you could retire so it may not be relevant, but if you leave your 401K in the same plan where you are working, you can withdraw money without penalty much sooner than if you move it to another plan..

It's been a while since I studied this and things may have changed which is why I'd ask an expert first.

2,118 posted on 10/13/2021 7:47:44 PM PDT by darbymcgill
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