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re: Time lag with rollovers

Posted on 2/10/24 at 9:29 am to
Posted by slackster
Houston
Member since Mar 2009
85387 posts
Posted on 2/10/24 at 9:29 am to
quote:

The latest has taken almost two weeks to generate a check made out to Schwab- which they said they had to send to my house, then we have to send to Schwab. It’s retarded.
. Checks sent to the participant are pretty much standard operating procedure at any 401k custodian.

You could have the check overnighted to speed up the process, typically at a cost of $25.
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