What exactly is a 401k rollover?? I have my funds in a 401k through Fidelity from...

  • Thread starter Thread starter markredwing
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markredwing

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...Ford. I retired 3 years ago.? Do I have to pay a penalty? It's not really an early withdrawal. I would just like to have the money in my own Credit Union. Thanks for any info..
 
You can rollover your 401K to an IRA just go to your credit union and request a rollover form, fill it out and they will tell you what you have to do to transfer the money. You will not pay any penalties.
 
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