Comments on: Woman Refuses to Roll Over 401k Saying She Would Lose Half of Her Money

By: GreatRecessionII

GreatRecessionII — Wed, 28 Apr 2010 11:58:40 +0000

Looks like she was the smart one…I wish I hadn’t rolled mine over, I could have paid off my mortgage with that money, and not be struggling now. Hope you learned your lesson. She had great instincts.

By: Davidson prince

Davidson prince — Wed, 24 Feb 2010 16:54:45 +0000

Am davidson from africa, am looking for someone who want to invest his or her into meanful something…..don’t wait to let me know now…

By: Faisal

Faisal — Fri, 30 Oct 2009 05:15:34 +0000

A 401k rollover & self directed ira is moving your eligible retirement funds, such as money invested in plans like a 401k.

By: Marco Rigby

Marco Rigby — Wed, 14 Oct 2009 22:29:26 +0000

I just looked at your RSS feed and it gave me an error. Can you post your RSS feed url when you have a chance? I don’t check email very often.

By: kevin

kevin — Thu, 03 Sep 2009 08:48:08 +0000

your kinda a pompas ass to assume she is wrong in her thinking ? my wife left her job after 18 years (walmart) and had to wait 30 days for her rollover in between that time her fund fell by $1,700 dollars. some of you need to climb down off that horse your sitting on and get out in the real world where people break a sweat to make that money. my guess is your all a bunch of retierd school teachers who use tip calulaters when you go out to eat at 4:30 for the early bird special.

By: Jeremy

Jeremy — Mon, 06 Apr 2009 16:39:36 +0000

Tom, rollovers do not count against your annual contribution limit. So, don’t worry about maxing that out if you’re thinking about a rollover.

By: tom novak

tom novak — Mon, 06 Apr 2009 12:36:55 +0000

i like yo know when you roll over a 401k to a ira-cd does it go against the maxium contribution for that year thank you tom

By: dave

dave — Thu, 02 Apr 2009 04:35:21 +0000

I think this is a great idea. If everyon with a 401(k) or 403(b) were to cash out, the revenue generated would go a long way to helping our economy out of this mess. The government has already put us and our grandchildren on the hook for 40k + each, this will just do our share to fix that. Now the can bankrupt us with universal healthcare so that business can compete internationally.

By: Ted

Ted — Fri, 06 Feb 2009 20:45:26 +0000

She really was a genius because look at what has happened to all of us experts over the last 6 months!

By: Tom M

Tom M — Tue, 15 Apr 2008 02:11:31 +0000

Unfortunately your experience touches just one area of personal finance. Other areas appear to be just as mysterious as that to some people, such as interest on credit cards. Personal finance education appears to be a hot topic right now… “learnin’ these folks” on the basics. And this lack of sophistication does not reflect overall intelligence….I had a coworker (a software engineer!) who could not understand why his credit card balance didn’t drop as fast as he thought based on his payments.