2006-08-21 04:53:47 · 6 answers · asked by neciebell2006 1 in Business & Finance ➔ Personal Finance
You can always put it into a bank ira. otherwise it will be penalized.
2006-08-21 06:02:42 · answer #1 · answered by bella_4624_19 4 · 0⤊ 0⤋
Depends on the plan. Easy solution: Roll it over into an IRA, and every time you change jobs, rollover your 401k to the same IRA.
2006-08-22 07:30:59 · answer #2 · answered by financialguru 2 · 0⤊ 0⤋
Depends on how much you have in your 401K. You may have the option to leave it right where it is if you have over, I believe, $50,000 in your account. Otherwise, you can do a rollover into an IRA with Fidelity, Charles Schwab, etc.... Your choice.
2006-08-24 04:44:22 · answer #3 · answered by dimples22221 2 · 0⤊ 0⤋
Within the 60 days
Rollover to To Rollover IRA, you have more option to invest through online brokerage
2006-08-21 05:03:39 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
Typically your employer will request you to roll it into another account, or at least get their name off of it. I had a 401K from a previous job and it sat there for over a year - still investing, etc.
2006-08-21 05:14:31 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Some employers will let you leave it with their plan - depends on company policy.
You can roll it over into an IRA, such as with a bank or mutual fund.
2006-08-21 05:21:37 · answer #6 · answered by Judy 7 · 0⤊ 0⤋