401(k) Choices: What To Do When You Leave Your Job Yes they can, though there may be laws I'm unfamiliar with when the distributions are involuntary (e.g. if the company exercises its right to close a small account or if your mother is required to take distributions by the IRS).
Years ago I worked for a small company that used class B (contingent deferred sales charge) shares. (The 1% 12b-1 fees were used to pay for the cost of the plan - common in small plans.)
The "financial advisor" who set up the plan for the company "promised" that the deferred loads would be waived. But when the company was acquired and I left (taking my plan money with me), I was charged those fees. I'm not sure if I raised any objections with the acquiring company, but it would have been hopeless in any case.
401(k) Choices: What To Do When You Leave Your Job Do surrender charges or fees ever come into play when doing a rollover ? The reason I asked. After a recent conversation, I was told mother would have to pay a surrender fee from husband's 401-k, who passed away.
Just wondering, Derf
401(k) Choices: What To Do When You Leave Your Job
Weekly Market Recap Sep 24, 2017 SPX: Yup, checked SPX earlier, too. Bold below is for last week.......at .08%.
SPX 0.06 0.08 2.03 2.78 11.76
Weekly Market Recap Sep 24, 2017 @catch22: SPY is not SPX ! SPY is a ETF that's holdings track SPX. I don't believe it was a typo, remember SPY has an ER of 0.
10%
Regards,
Ted
