Comments on: Rolling Over My 401(k) To Vanguard http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html personal finance blog with anecdotes, advice and commentary. Sat, 21 Nov 2009 22:47:06 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: roman http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html/comment-page-1#comment-62935 roman Wed, 24 Jan 2007 01:29:36 +0000 http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html#comment-62935 this is a very important topic. many people get taxed out of their minds because they did not know the proper procedure. this is a very important topic. many people get taxed out of their minds because they did not know the proper procedure.

]]> By: EMF http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html/comment-page-1#comment-62854 EMF Tue, 23 Jan 2007 18:19:47 +0000 http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html#comment-62854 I went through the rollover process recently. Had a bit of trouble understanding how the process was to work. But basically I first created the rollover account at Vanguard, unfunded to begin with. I then asked the 401k administrator to cut a check made out to Vanguard as my IRA custodian as per Vanguard's instructions. The check was mailed to me. I then mailed it to Vanguard along with a filled-out form that I downloaded from Vanguard's website. Vanguard was prompt at crediting my account with the funds. The 401 administrator was not quite as prompt at mailing the check to me. I then did a conversion on part of my rollover account to my Roth IRA. I went through the rollover process recently. Had a bit of trouble understanding how the process was to work. But basically I first created the rollover account at Vanguard, unfunded to begin with. I then asked the 401k administrator to cut a check made out to Vanguard as my IRA custodian as per Vanguard’s instructions.

The check was mailed to me. I then mailed it to Vanguard along with a filled-out form that I downloaded from Vanguard’s website. Vanguard was prompt at crediting my account with the funds. The 401 administrator was not quite as prompt at mailing the check to me.

I then did a conversion on part of my rollover account to my Roth IRA.

]]> By: Tinyhands http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html/comment-page-1#comment-62814 Tinyhands Tue, 23 Jan 2007 15:34:47 +0000 http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html#comment-62814 For those of you trying to decide how to invest your retirement funds, I'll throw out this little reminder: Consider your retirement portfolio as a whole. If you have $10k in your current 401k and $10k in a rollover IRA, you have a $20k portfolio and should diversify (and rebalance) it appropriately. Since your current 401k election options (assuming you're with an employer who offers a 401k) are probably limited to a few simple choices [index, growth, balanced, etc] you should probably be investing your rollover IRA in such a manner that diversifies your 401k election(s). For those of you trying to decide how to invest your retirement funds, I’ll throw out this little reminder: Consider your retirement portfolio as a whole. If you have $10k in your current 401k and $10k in a rollover IRA, you have a $20k portfolio and should diversify (and rebalance) it appropriately.

Since your current 401k election options (assuming you’re with an employer who offers a 401k) are probably limited to a few simple choices [index, growth, balanced, etc] you should probably be investing your rollover IRA in such a manner that diversifies your 401k election(s).

]]> By: nelson http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html/comment-page-1#comment-62803 nelson Tue, 23 Jan 2007 14:58:48 +0000 http://www.bargaineering.com/articles/rolling-over-my-401k-to-vanguard.html#comment-62803 Hey Jim! I just got back into my rss reader and saw your site...completely forgot about it. Looks like it's going well. As a fellow quitter, I rolled over my 401(k), but did it all from our previous company's website and I had the check sent to an E*trade rollover IRA account (I know people love Vanguard, but I've had funds there for a while so I get some breaks). I was a little anxious while my check was in the mail, but it made it to my account one day later than I anticipated it would and that put me at ease. ETrade even gave me a call to let me know it was received. Now I just need to decide where to put my money. Can't wait for you to write up a nice post about turning a traditional IRA into a Roth IRA....and the tax implications to that process. Hey Jim!

I just got back into my rss reader and saw your site…completely forgot about it. Looks like it’s going well.

As a fellow quitter, I rolled over my 401(k), but did it all from our previous company’s website and I had the check sent to an E*trade rollover IRA account (I know people love Vanguard, but I’ve had funds there for a while so I get some breaks). I was a little anxious while my check was in the mail, but it made it to my account one day later than I anticipated it would and that put me at ease. ETrade even gave me a call to let me know it was received. Now I just need to decide where to put my money.

Can’t wait for you to write up a nice post about turning a traditional IRA into a Roth IRA….and the tax implications to that process.

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