Switching a 401k from ML to FDLTY
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Switching a 401k from ML to FDLTY
Posted by CajunCaimen on 10/7 at 9:45 am
I am switching jobs soon, and need to transfer my 401k over as we'll, I have never done this before. Wat do I need to do?

Thanks!



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Posted by foshizzle on 10/7 at 9:46 am to CajunCaimen
Call Fidelity and ask them. They will have specific instructions and will walk you through the process.


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Posted by CajunCaimen on 10/7 at 9:49 am to foshizzle
Sounds good.

It's typically no bid deal, right?



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Posted by Khameleon on 10/7 at 9:54 am to CajunCaimen
If only there was a board dedicated to money related topics...


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Posted by CajunCaimen on 10/7 at 9:57 am to Khameleon
Sorry! I'll ask that it be moved over there... That's what I get for assuming there would be people on the OT who knew something about money.


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Posted by Spankum on 10/7 at 10:48 am to CajunCaimen
it is no big deal at all...basically, the company who is receiving the account will handle the whole thing for you...in fact, as soon as you change jobs, you are likely to hear from a few others who want to handle your account....


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Posted by RJSambola on 10/7 at 10:49 am to CajunCaimen
the OT has no need for a 401k, that means you have to work which means you are poor.

/thread



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Posted by TigerDonk on 10/7 at 11:15 am to RJSambola
Money board?
Also, it's never a bad idea to get a financial adviser to look at this with you.
Great Info



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Posted by Spirit of Dunson on 10/7 at 11:17 am to CajunCaimen
Really no big deal. I've done it several times, and the new institution knows what to do.


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