Hello all,
Can anyone point me at some clear guidance on this? I've seen conflicting opinions on whether it's allowed or not, and looked around the IRS website for clear answers (shockingly, there are none).
I'm still employed, 50 yrs old, and would like to consider rolling my employer-sponsored 401k into an IRA in order to get better investment choices.
Some articles I read say it can't be done without a hardship, or that I have to be 59 1/2, etc. - and some seem to imply that it's fine.
Would like to get some better information before I talk to my plan administrator, and then I'll likely have to call our 401k provider myself to ask them.
Thanks much!