Re: 401K forced rollover?

On Apr 19, 11:10 am, Mark Bole <ma...@[EMAIL PROTECTED]
> wrote:
> This is one of the drawbacks of leaving money in a 401k with a former
> employer.  Rolling over to an IRA removes these restrictions,  plus
> enables better tax treatment of pre-retirement withdrawals for
> first-home purchase, education, and a few others.

Of course, if you terminate employment in or after the year in which
you attain age 55 but before you reach 59-1/2, you also lose something
by rolling your 401(k) to an IRA.

Dave

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