I just got off the phone to Wells Fargo where my 401k is at. In order to take money out, I would have to call and they would send a check. I told the representative that won’t work; I’ll be on the road full timing in my motorhome! We laughed and he said I can roll it over to an IRA and I would still have to call, instead of doing it online, but a transfer to my checking can be done. I think it has something to do with the 401k being my past employer’s account, where as the IRA will be mine. I still have to wait for Wells Fargo to receive notice of termination, from my ex-work, but the hard part is done. I don’t like telephones; they give me the heebie jeebies.
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May 2019
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