4

I believe any withdrawal of money from an IRA or 401k would be called a distribution and would trigger a 1099-R. A distribution means that money was removed from that account, and doesn't indicate what you did with the money. Even a direct rollover of 401k to a rollover IRA (where it is done within the brokerage and you never touch the money) would be a ...


2

Yes, its all about the paperwork. But realize that Form 5310 is filled out by the plan sponsor who is your now gone employer. Your 401k provider is only following instructions of whomever is control of the remains. Do remember that in the US the 401k as a retirement plan was accidental construct of the tax code. Legally the now defunct company is only on ...


1

No, I've done this a few times. I'll admit as the checks got larger, it was a bit more unsettling putting it in an envelope and mailing it. I would recommend: Using a reliable guaranteed delivery service (FedEx or Priority Mail Express) Taking a picture of the check and the envelope (including tracking number) Adding delivery verification if not already ...


1

No sir. The "unlimited" rule only applies to electronic "IRA-IRA transfer" transactions which you do by telling your bank the details of the other IRA account and having them directly transfer the money there electronically. The transaction is coded in the system as a transfer in all respects, and is entirely "hands-off" on your part. If they gave you a "...


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