As the title states, and forgive me if I'm missing something completely obvious, but as an employee I have a 401k and a choice of about 20-30 crappy funds to pick from. If they fire me, I get to transfer all of this money into an IRA and have control over how I invest it. When I asked if my I could transfer even just some of my 401k into an IRA while employed my request was denied. Can someone explain why this is the case and is it just something my company (or their plan administrator) does or is it pretty standard? Thanks!
Submitted March 27, 2021 at 12:25PM by SIcmart https://ift.tt/3tZ3ntp