Hello, wondering if anyone would have any advice how i should go about investing some money i recieved in a divorce settlement. The money is in a retirement account and i need to roll it over soon, and was hoping to do so without losing so much to taxes..any suggestions?
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Retirement rollover what to do??
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If you are rolling money from a 401k to an IRA, or from an IRA to IRA, no taxes should be due.
I would contact T Rowe Price, Fidelity or Vanguard to handle the rollover. Each would require you to fill out a form or two, then choose an investment or two or three.
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I've used both Fidelity and Vanguard for rollovers in the past- both were seamless and easy to handle. I do like Vanguard's online UI much better than Fidelity, if that's something that will matter to you.Rock climber, ultrarunner, and credit expert at Creditnet.com
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