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re: Company being bought out, forced to roll 401k to new companies plan

Posted on 3/22/11 at 10:19 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 3/22/11 at 10:19 am to
quote:

Both rolled the 401k into the new companies plan. No questions asked.No option.


That looks like is what is going to happen. The new company's 401k options suck horribly. I've been able to make killing in precious metal funds and now my choices are limited to small cap, mid cap, large cap, and Fidelity Freedom funds. I want to vomit.
Posted by LSUDad
Still on the move
Member since May 2004
58888 posts
Posted on 3/22/11 at 11:00 am to
quote:

Both rolled the 401k into the new companies plan. No questions asked.No option.



That looks like is what is going to happen.


So you can't get the money till you retire, quit or die?
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