dear QBN retirement dept.,
dear QBN retirement dept.,
Out of context: Reply #7
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You should also check to see how long you have to maintain your money in your 401k. Some force to you rollover or withdraw your money within 90 days. Some allow 1 year, or have no time period.
You want to know because, if you run out of time and they automatically send you a check, they will probably withhold the early-distribution penalty/taxes. Otherwise, you can roll it into a new IRA (or 401k, should you get a FT job in the future) tax free, penalty free.