This July, my company 401(k) plan will allow us to purchase almost any mutual we fund we want via a brokerage account. I called Vanguard to determine how investments in Vanguard funds would be handled when I roll over from a 401(k) to a Rollover IRA at retirement. The answer was that an "in-kind" transfer would take place. So far, so good.
Then I asked, "What if one of the finds is closed at the time the in-kind transfer is to take place?" The answer was that I would no longer be able to keep that fund and that it would have to be sold.
Has anyone has any experience with this? Does this sound right?