I'm rolling over a 401(k) that is holding only VIVLX, a Vanguard target date fund, to a brokerage. It's not proprietary but it is the institutional class of the fund, so my brokerage minimum for purchasing it is $100M, but in-kind transfers might be different.
In general, is an in-kind transfer from a 401(k) to an IRA allowed? Are there any special tax implications that are different from a cash rollover?
It's a great fund for a retirement account that I don't have to think about and the fees are incredibly low so it'd be nice to just hold it. Obviously, I can do a cash transfer and buy something similar.
I'll probably have to call the brokerage to find out. Would they even allow an in-kind rollover like this?