Are there any fees associated with rolling over a 401k?

1 Answer

Answer :

There are fees associated with rolling over the account. The fees vary and are dependent on the amount in the account. This article is from 2008 but has a lot of helpful info about rolling over a 401K that can help you prepare a list of questions to ask: http://www.nydailynews.com/news/money/7-rollover-401-ira-article-1.352760

Related questions

Description : What types of fees are associated with getting a cash advance on my inheritance while it is still in probate?

Last Answer : For Heirs Who Want Advance Inheritance Cash Quickly & Securely: Probate Cash ... form of a house and property only, with no cash, can we still apply for a Probate Loan? ... What court fees and ... with Probate? .... The inheritance advance took my focus off money. Instead of getting further ...

Description : Are there any extra fees associated with using a VISA or Mastercard gift card outside of the US?

Last Answer : When using a Visa or MasterCard gift card outside of the US there are no fees, only the conversion from one currency to another, which may lower the value of the gift card.

Description : What do you think would be a fair percentage to pay in service charges and fees over and above the face value of a concert ticket?

Last Answer : I think if I were competing with Ticketmaster, I'd take a percentage of the sale price. The venue says The ticket price should be $40 ; the sales agent (the new Ticketmaster) charges $40 to the end ... of the ticket. Then the sales agent takes 10% or whatever, and hands the rest on to the venue.

Description : Which of the following statements would least likely appear in an auditor's engagement letter? a. Our engagement is subject to the risk that material errors, fraud, and defalcations, if they exist, ... services are based on our regular per diem rates, plus travel and other out-of-pocket expenses

Last Answer : After performing our preliminary analytical procedures we will discuss with you the other procedures we consider necessary to complete the engagement.

Description : A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an ... bookkeeping firm's practice of monthly write-ups for a percentage of fees received over a three-year period

Last Answer : Issued an unqualified opinion on the 2006 financial statements when fees for the 2005 audit were unpaid

Description : A violation of the ethical standards would most likely have occurred when a CPA a. Made arrangement with a bank to collect notes issued by a client in payment of fees due. b. Joined an accounting ... firm's practice of monthly write-ups for a percentage of fees received over a three-year period.

Last Answer : Issued an unqualified opinion on the 2010 financial statements when fees for the 2009 audit were unpaid

Description : What is the best way to roll over a 401k account?

Last Answer : To avoid any penalties you should roll your 401k into an IRA account.

Description : I have a 401k account from a previous employer can I roll my funds over to a money market account without penalties and withdrawl from it months down the road ?

Last Answer : A lot of the answer depends on your age. If you are younger than 59 1/2 you will have a 10 % penalty on the amount you withdraw from your 401K and the amount will be regarded as income in ... 401K but there are regulations the IRS has on how much you can withdraw each year depending on your age.

Description : Can I roll over my 401k plan from my last employer to my IRA account?

Last Answer : Yes you can in fact do this. You will have to speak to the company who has your IRA and discuss with them the steps in order to do this.

Description : Should I roll over my 401k if I change jobs?

Last Answer : Most people want their retirement funds in one place. Rather than have two or three smaller accounts at different investment firms, it is best to have them in one place so the funds can be monitored ... the fund and arrange to move it to the company that manages the fund for your new employer.

Description : Will my 401K automatically roll over to Roth IRA?

Last Answer : One needs to roll their 401k to an IRA. One needs to physically authorize the removal of the 401K funds to the new location. If the IRA is at the same institution as the 401k, less paper work may be involved.

Description : From the sound of things thus far, it appears no one will be able to accuse the Dems of rolling over on the Kavanaugh nomination. What do you think?

Last Answer : Too early to tell. But the Republicans are cheating on this one. May they rot in hell.

Description : The maximum frictional force which comes into play when a body just begins to slide over the surface of another body is known as a.Kinetic friction b.Rolling friction c.Dynamic friction d.Limiting friction e.Sliding friction

Last Answer : d. Limiting friction

Description : Friction can be reduced by changing over from _____. A. Sliding to rolling B. Dynamic to static C. Potential energy to kinetic energy D. Rolling to sliding

Last Answer : ANSWER: A

Description : The maximum frictional force which comes into play when a body just begins to slide over another surface is called (A) Limiting friction (B) Sliding friction (C) Rolling friction (D) Kinematic friction

Last Answer : (A) Limiting friction

Description : Help me predict crypto transaction fees (approximately)?

Last Answer : Generally, expect transaction fees in the range of 0.05% - 0.10%. But the greater cost is a lack of a consolidated market, so while you may be buying at what appears to be the lowest offer, ... buying from may be selling to you after he bought elsewhere for a lower price. That is called arbitrage.

Description : If a car's registration is past due, do the fees apply in another state?

Last Answer : To get a clean title, you will have to be up to date in Oregon. Oregon won’t process anything until the back registration is paid. Nevada won’t process your title until it is clean from Oregon.

Description : I'm a freelancer. How can I get US$ 4000 in two months to pay my tuition fees? (No student loans are available in my country and crowdfunding isn't an option)

Last Answer : Sell things. Ask family for money. Get a few more jobs. Sell your plasma. You dont specify your languages or skills, or your country. You coming here to study? Too many unknown factors.

Description : How can I get my husband (soon ex husband) to pay my attorney fee's for divorce?

Last Answer : answer:Talk to your lawyer to see if there is anything he can do to help you out or if he can refer you to legal aide or someone to take your case pro bono. You cannot force him to pay ... support in addition to child support. Otherwise, he has no obligation (legally) to help you with your rent.

Description : When someone buys their car at the end of a lease can the dealership who handles it charge whatever they want in fees?

Last Answer : Call back and ask the salesman to list the “other fees” and how much they are. Write them down. Then you can do your due dilligence. Don’t allow him to be vague.

Description : Do you think the real Santa gets and/or should be paid royalty fees for all the movies about him and all the Salvation Army, bell ringing wanna-be’s?

Last Answer : No. He should be in jail for product piracy and slavery. Just think about the millions of toys he makes cheap knockoffs off, all while employing elven slaves at no pay.

Description : If I sell an item for $800 on eBay about how much would I pay eBay in fees?

Last Answer : Here’s the eBay page for calculating the fees.

Description : Do you use cash or cards more? Is one better than the other assuming there's no fees to use the card?

Last Answer : Cash is more controllable. When your pocket is empty you stop spending. A card doesn’t give you that instant feedback. You can run up a bigger bill than you realize or empty your bank account before you know it. I use cash whenever possible.

Description : Have you ever successfully negotiated fees at a dentist? Are a dentist's fees negotiable?

Last Answer : Not at all a ridiculous request. A lot of them have payment plans, others have sliding scales, some have both, some don’t have either. But it’s definitely not a ridiculous request, and no one will think you strange for asking.

Description : Does getting a DVD from a Redbox machine really only cost one dollar, or are there other fees that they don't advertise?

Last Answer : Just a dollar

Description : Where can I buy Visa gift cards without the added fees?

Last Answer : Give cold har cash. A nice crisp bill. Let them spend it how they want.

Description : The court of appeals ordered the defendant to pay our fees. How do we go about getting them?

Last Answer : answer:Your attorney will know. If you've severed your relationship with him for some reason (dump a winning attorney? probably not), then you should contact the Clerk of the Court to find out the procedure. ... . But I don't think that they'll want to be in the middle unless some dispute lingers.

Description : Can I pay my renewal fees at the California DMV before I get my smog check?

Last Answer : answer:Call the CA. department of motor vehicles near you. They will give you a more accurate answer than either your mother (no offense meant) or us. Here, in NYC, we pay for a renewal ... inspected every year. They are two separate issues and two separate stickers and done by two separate groups.

Description : Has your bank started raising fees?

Last Answer : I was just reading something similar about the use of eftpos here. It hasn't happened yet but it makes me cranky and if I could avoid it I would. I can afford it but given the profit the banks make and ... able to do anything about it though and I imagine I will have to suck it up and live with it.

Description : What happens to HOA fees once an HOA is disbanded?

Last Answer : I would venture a guess that they would need to go into an escrow account to pay the legal fees associated with disbanding a HOA, and any outstanding bills.

Description : Does anyone else out there forsee rapidly escalating "cloud" storage fees?

Last Answer : It depends how you define rapid I guess, but yeah, that seems possible for sure. Hopefully the free market keeps it under control.

Description : Who is responsible for overdraft fees on a bad check?

Last Answer : answer:Yes, you can hold her responsible for any fees that you incurred. You can also charge her a fee for your trouble having to track her down. If she does not pay you, you can take her to small claims court.

Description : What's not to like about baggage fees?

Last Answer : I agree, I like to travel light. It is only fair that people have to pay for excess baggage. It costs the airline to transport this stuff and it will keep costs down for the rest of us.

Description : Pageant fees?

Last Answer : Why don’t you ask the person that participated in it before so that you stop being confussed?

Description : How much are T-mobile cancellation fees?

Last Answer : answer:From their website: FOR SERVICE ACTIVATED, OR ACCEPTANCE OF A NEW ONE OR TWO YEAR TERM, ON OR AFTER 06/28/08, THE EARLY TERMINATION FEE IS: $200 IF YOU TERMINATE WITH MORE THAN 180 DAYS ... 30 DAYS OF YOUR TERM. The Early Termination Fee is part of our rates and is not a penalty.

Description : Any bank that refunds atm fees daily instead of monthly?

Last Answer : Mine does, but, unless you live in Northeast Ohio, it won’t help you as we’re very small.

Description : Standard Coin Laundry Fees?

Last Answer : answer:I haven't looked up a standard rate , but when I was apartment hunting in a Philadelphia suburb, most laundry machines were $1.50 per load, per machine, which would come out to $3 per load. ... . Granted, you might have to do a little more ironing, but might save a little money in time.

Description : Negotiating Pet Fees with Apartment Management?

Last Answer : answer:Is the $300 fee a refundable deposit if there's no damage ? Did you ask them why the extra $40 every month? It's not as if you'll be using extra electric or heat just because of ... keep us posted. If you are successful that info might come in handy for someone else in a similar situation.

Description : If your landlord cashes a rent check a month early and it bounces, should you be responsible for their fees?

Last Answer : If you wrote the check without sufficient funds in your account you are responsible for the fee. If the only check that had been cashed had been the one the bank issued early it might be ... owe that fee-you wrote them a worthless check. There are also criminal charges that could be brought.

Description : Suggestions for finding a Roth IRA for S&P500 with lowest possible fees.

Last Answer : Check out Vanguard.com S&P 500 index fund. Fees are really low; just plug in money every month.

Description : Can you help me understand the concept of "Professional Tuition and Fees"?

Last Answer : It costs more because it costs them more (labs and whatnot). You should call the University to make sure you’re not misinterpreting anything.

Description : Am I liable for these medical fees?

Last Answer : The doctor should be paid for his services. You should have known what was covered and what was not.

Description : Does Blockbuster still have late fees?

Last Answer : After a certain period of time after you get a movie from the store, they will charge a $1.25 Restocking Fee. Other than that, you can probably keep the movie as long as you want. Just in case I' ... , just look at the small writings on the back of the receipt. I'm pretty sure it's noted there.

Description : Broker fees in NY?

Last Answer : Yes. Decent, reasonably-priced apartments in neighborhoods that are safe/fun/easily accessible to public transport are at a premium here. Broker's fees can be anywhere from 10-20% of a year's rent. People ... an eye out and to let their friends know. I found my current apartment that way. Good luck!

Description : Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements? Or a recommendation of a good bank, period?

Last Answer : answer:I use a Credit Union. I'm on about 6 years without a problem. And they don't have a minimum. Well, they actually do. I have to keep 5$ in my savings. My checking account can sit at ... not be in your area. But any credit union will probably give you a better service than a big national bank.

Description : Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements for a small business account? Or a recommendation of a good small business bank, period?

Last Answer : Sovereign Bank had Free Business Checking a few years back… I’m not sure if they still do. Have you done a web search for “free business checking”?

Description : What is the best way to cancel a Sprint phone plan? iIve heard you can drop to an "emergency plan" for $5/mo instead of having to pay the fees... does anyone know if this is this true?

Last Answer : yeah, I’ve been doing that for almost a year now. It’s $5 and a little tax. I just couldn’t dish out the $150. Plus this way ihave an emergency back up phone if I REALLY need it. If you do use it, they’ll charge you an arm and a leg though.

Description : _______ health insurance coverage pays for at least part of hospital costs and fees. -General Knowledge

Last Answer : Basic health insurance coverage pays for at least part of hospital costs and fees.

Description : If I have 2 TVs at home and another one in the cottage, should I pay 3 times?

Last Answer : If you are a private person (TVs are not on business premises), you pay concession fees only once - regardless of the number of TVs (and real estate) you own. As an entrepreneur, you would pay for every TV placed in the establishment (s).