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re: Company being bought out, forced to roll 401k to new companies plan
Posted on 3/21/11 at 4:22 pm to LSU0358
Posted on 3/21/11 at 4:22 pm to LSU0358
quote:
The company I work for is being bought out. We have just been told that we won't be able to roll our 401k over to an IRA, but will have to roll it into the new companies 401k plan.
I don't think they can do that. You can do whatever you want after the blackout period.
1
Posted on 3/21/11 at 4:58 pm to Broke
I don't think they can do that either. I think our accountant (aka the bosses wife) doesn't know what the hell she's talking about.
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