Comments on: Roth 401K http://401kmaximum.org 401K Contribution Limits and Other Personal Finance Tips to Maximize Your 401K Wed, 16 Jun 2010 05:58:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Fern LaRocca CFP® http://401kmaximum.org/roth-401k/comment-page-1#comment-144 Fern LaRocca CFP® Wed, 16 Jun 2010 05:58:01 +0000 http://401kmaximum.org/?page_id=313#comment-144 Yes, you can move funds from a 401K fund (after you have left the company) to an IRA and invest the IRA funds in something else. It may cost you depending on the cost of the sell and the buy. I don't understand your "2 day period" ? If you withdraw the funds and not move them to an IRA and you are under age 59.5, you are looking at a lot of penalties-- it is not worth it. Yes, you can move funds from a 401K fund (after you have left the company) to an IRA and invest the IRA funds in something else.
It may cost you depending on the cost of the sell and the buy.
I don’t understand your “2 day period” ? If you withdraw the funds and not move them to an IRA and you are under age 59.5, you are looking at a lot of penalties– it is not worth it.

]]> By: Trudy Hayes http://401kmaximum.org/roth-401k/comment-page-1#comment-143 Trudy Hayes Tue, 15 Jun 2010 05:18:21 +0000 http://401kmaximum.org/?page_id=313#comment-143 I am trying to find out if you can convert an existing 401k retirement fund to an IRA for a 2 day period then withdraw the funds without any cost. You are then free to invest these dollars in any other kind of fund? Is there an age requirement? Trudy Hayes I am trying to find out if you can convert an existing 401k retirement fund to an IRA for a 2 day period then withdraw the funds without any cost. You are then free to invest these dollars in any other kind of fund? Is there an age requirement?

Trudy Hayes

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