401k transfer fee?

bpwald Posts: 1, Reputation: 1

New Member

Aug 16, 2010, 06:30 AM

401k transfer fee?

I'm trying to rollover a 401K from a company I worked at 9 years ago. The company in charge of the 401k plans has told me that they are charging a $75 fee for transferring the money to a new trustee. Is this legal?

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