Author Topic: Roll over active 401k to Vanguard?  (Read 2406 times)

zahampton

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Roll over active 401k to Vanguard?
« on: December 04, 2012, 09:42:15 AM »
This might be a wildly crazy idea so I wanted to run it by you lovely people to get your input. Is it possible/rational/feasible to roll over an active 401k to a new Vanguard account? I will continue to contribute to the 401k after the rollover.

grantmeaname

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Re: Roll over active 401k to Vanguard?
« Reply #1 on: December 04, 2012, 11:05:55 AM »
Normal 401(k) accounts exist only with an employer, so Vanguard doesn't do 401(k)s for its investors. What you would want to do is an in-service distribution to a traditional IRA. Does your 401(k) custodian allow those?

Catbert

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Re: Roll over active 401k to Vanguard?
« Reply #2 on: December 04, 2012, 12:01:01 PM »
Few, if any, companies will allow you to roll-over your 401(k) to an IRA unless you leave the company.

zahampton

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Re: Roll over active 401k to Vanguard?
« Reply #3 on: December 04, 2012, 12:07:05 PM »
Thanks for the info, I'll check with the company.