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I'm trying my best to help my Dad out with his 401k to Roth IRA conversion.
He has both his 401k and Roth IRA with Vanguard.
Right now after talking to a few people at Vanguard they have him a little confused.
The guy he was talking to last was telling him that whatever amount that he wants to convert that they send my Dad a check for that amount and then he sends the check back in to Vanguard to be put into his Roth account??
I thought they would just transfer the shares that he holds in his 401k over to his Roth IRA?
Does this sound right to others that have converted from a 401k to a Roth to have a check sent to you and then you send it back to put in your Roth IRA?
Thanks
Jim
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