Way Cooler Mikey! I'll try catch up with you later this week. I live real close to Century, so maybe we can make arrangements on a school day. Thanks a bunch!
Thanks everyone. I guess I'm gonna have to do some homework on the 401K rollover. I'm wondering if I can put in in with my other plan I already have with fidelity, or if it has to be a seperate plan like an IRA. I'm unemployed, so I don't have an employer plan at this time.
mrs.zephy left her job a while back and had to do the same thing.
 As long as you roll it into another retirement-like plan (401k or similar) you can do it without tax penalty. Reason being that you are not withdrawing the funds, just transferring them to another retirement account. When you check into it, you can also look into the time period that you have to transfer the funds. For example... You empty your account of $5000 today, and finally put it into another retirement account 4 months from now.
Details I can't help you with, but that is the gist of it. Hope this helps
I rolled one over before, but it didn't do so good. Been losing $$ ever since. I was just wondering if anybody knew about any really good performing funds I should consider.
speaking of mrs. z, tc wants to remind you that tomorrow is valentine's day. hope you have the skywriter ready, bought the store out of chocolate, have the dozen roses for each child, and have the breakfast in bed table ready.
I helped my mother in law with her taxes the past few years (that I was home...) and she withdrew $10,000 last year, and another year prior. Each year it cost her $1000 in penalties for the withdrawal. So estimate 10% if you decide not to redeposit all of the funds.
Good luck! Just be sure that if this was a non taxable deposit into your account, that the new account is set up the same way, so you don't get triple taxed!
If I had a DVD burner, I'd be happy to burn more - but I don't yet.
Dang... I missed a really nice Joe back there.
He loves it!
I'm glad I could do it for him.
http://www.youtube.com/watch?v=G26xAmmewDw
http://www.youtube.com/watch?v=ETQ0urHjSIk
I use this guy....(651) 451-4793 -steve doody with edward jones....
kinda surprise no coolers are...that i know of
That footage is great!
Thanks Mr Med. :smile:
and yes...take your time and do your homework...
odds are you can combine your two plans.....normally a good idea...
from the first post here it was started.
 As long as you roll it into another retirement-like plan (401k or similar) you can do it without tax penalty. Reason being that you are not withdrawing the funds, just transferring them to another retirement account. When you check into it, you can also look into the time period that you have to transfer the funds. For example... You empty your account of $5000 today, and finally put it into another retirement account 4 months from now.
Details I can't help you with, but that is the gist of it. Hope this helps
BIG JOE!!!!!
now I can go to bed.
Later..
Here is a quick link I picked up that may help you:
http://www.mostchoice.com/financial_planning_401kira_rollover.html
and one more from the IRS:
http://www.irs.gov/retirement/article/0,,id=160469,00.html
Good luck! Just be sure that if this was a non taxable deposit into your account, that the new account is set up the same way, so you don't get triple taxed!
bbl
Pagination