ESOP Rollover
I am a single senior / homeowner ( won’t be paid off till I’m 82 !!)Was laid off 1 year ago and had ESOP with my privately owned company . It tanked last year , however …i just received my statement and need to roll it over , cash out or stay under the companies control. I am 57 and looking to roll into an IRA , but no clue which is the best to avoid huge tax implications/fees/costs ?
Terry Says
You need to do a DIRECT rollover to a new custodian such as Fidelity or Vanguard.
Read this article: https://www.terrysavage.com/rollover-now/
