Posted by gun guru on December 11, 2011 at 13:18:28 from (75.128.139.102):
In Reply to: OT: old employer 401.k? posted by Dave from MN on December 11, 2011 at 10:58:18:
I still have 2 piles of money with my old employers. I have not moved the money due to not knowing where I want to put it, or invest it in. I would like to sit down with a person with a real good track record for picking good investments and dump $20k or more with his/her firm. I bought a pile of GM bonds in 2007 and I almost lost my azz. A stockbroker guy gave me this advice, I am not pizzed at him cause I got all my money back. When you transfer the money be sure that the check is NOT made out to you personally or you will be socked with the taxes and the 10% penalty.
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