Fee to roll over a 401k to an IRA?
I will finally take the plunge into full retirement on Sep. 30th after two years of part time work. Today, I called Prudential ( the 401k provider for the company I have been working for) to find out what forms to use to roll the account over to a Vanguard IRA. They told me there would be a $35 transfer out fee. Has anyone heard of this? Is it common practice?
I recently rolled my wife's 403(b) account from Vanguard to a T. Rowe Price IRA and there was no transfer out fee.
Are we being ripped off or is this routine? Thanksl
...you can check out any time you like, but you can never leave...