The Saving Advice Forums - A classic personal finance community.

Retirement rollover what to do??

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Retirement rollover what to do??

    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?

  • #2
    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.

    Comment


    • #3
      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

      Comment

      Working...
      X