Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [rollover-direct]

In US tax law, an IRA rollover made directly from one trustee to another.

In US tax law, an IRA rollover made directly from one trustee to another that avoids the taxpayer having taxes witheld from the rollover being responsible for contributing the witheld portion to the target of the rollover to avoid a distribution of the amount of taxes witheld.

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Do I endorse a direct rollover check?

I had a 401(k) from a previous employer at Fidelity. For some reason they won't send funds directly to another institution so they sent the check to me but made payable to ETrade FBO (My Name) Do I need to endorse that before forwarding it to…
Andrew Steitz
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Roth 401k rollover into Roth IRA: How are earnings handled?

I have a Roth 401k from a prior employer and I want to roll it into a Roth IRA. For simplicity, let's assume there are no pre-tax employer match funds in the 401k, only my after tax contributions and earnings on those contributions. I know my…
zerpsed
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Can I do periodic rollovers from my low-perfoming 401k to an IRA?

My current 401k performs poorly, and has a very limited selection of funds. I do Roth contributions, with non-Roth employer matching. My Roth IRA allows me to select funds that perform significantly better. Is it possible to do periodic (perhaps…
Brad Werth
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Roll over Post-1986 401(k) to Roth IRA

I have a 401(k) that only has "post-86 after-tax" contributions and earnings. I left the company and was thinking about rolling over the whole balance to a personal Roth IRA. This would be a direct rollover from one provider to the other. I…
Marsellus Wallace
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401k Rollover with TSP

I have been researching what do with a an old 401k and there is a lot of information on the pros and cons of rolling it over into a new 401k plan versus an IRA. I also have a TSP account with a small balance from a brief period as a federal…
user1593858
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How can I transfer and consolidate my 401k's and other options?

I have read on Personal Finance & Money that you can keep any and all of the 401(k)s or other options that you've had through previous employers. But how are you able to transfer them all into one? (Especially from years and years ago.)
Vanessa
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How to correct periodic excess Roth IRA contributions, with Direct Rollover within the same timeframe?

In 2019, I accidentally contributed to my Roth IRA, despite my income being over the limit. I made periodic contributions of $200 every month, totaling $2400, which I plan to remove before the April 15th, 2020 tax deadline to avoid a 6% penalty. (I…
Kevin
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Help me understand this sentence on a 401(k) distribution / rollover form

In February I changed jobs. My former job provided a 401(k), and my new job also provides a 401(k). I am filling out the forms to do a direct rollover from one to the other, for the full amount. The form that is provided by my former employer's…
soapergem
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Funding an HSA with a one-time rollover from an IRA: Documentation trail

I know it's possible to make a one-time rollover from an IRA to an HSA (i.e., up to the amount allowed by the HSA). It's possible I already did this about 10 years ago. The paperwork I have on hand is insufficient to determine this for sure.…
RJo
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Should I open an individual 401k account?

I am looking for some advice on what to do with the Money from a previous employer 401k. I currently have the checks that were issued to the trust of my new employer's 401k service. I have not sent them in to them because someone said I should think…
Derek
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Is a distribution triggered by writing a check from one IRA account to another

Is a distribution triggered by writing a check from one IRA account to another IRA account? I have checks for a traditional IRA account at bank-A. I opened another traditional IRA account at bank-B by sending them a check from bank-A, made out to…
piton
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Transfer 401(k) after starting distributions

I retired at end of Q1 2013 at age 64. I immediately started drawing monthly distributions from my 401(k) plan. Would it be possible to transfer the balance of this 401(k) to another 401(k) or some other form of retirement plan?
John Smith
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Why is spousal consent being required for rolling over a 401k?

My wife is having trouble rolling over her 401k (with ING, now Voya Financial) from her previous job into her Vanguard IRA. Apparently she needs my permission to roll the account over because it's a distribution (although we've instructed it to be a…
Chris Pfohl
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Excess contribution to 401k

Last fall, I changed jobs. Shortly after, I rolled over my 401(k) from my previous employer into a rollover traditional IRA. Later, I rolled traditional IRA into my new employer's 401(k) plan. Now the plan administrator from my previous employer…
Spig
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IRS letter about 401(k) rollover not shown on return

I got an IRS letter that states my return does not match the records they have from others. In particular, it shows I reported $0 but they were reported a non-zero amount for taxable retirement income from a rollover IRA. However, in my case, this…
WilliamKF
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