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
Grumpy
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