My First 401(k) Rollover

I just mailed off my 401(k) rollover application along with the distribution check from my previous employer’s plan. I recently changed jobs, and this is the first time I’ve been able to roll my 401(k) balance over. At previous job changes, I didn’t have a balance to roll over. Sadly, I didn’t really get into saving heavily in my 401(k) until my last job, three years ago.

It was a relatively painless process. Both plans are with Fidelity, so I received my check from Fidelity and then mailed it back into Fidelity with the application. Funny that I had to do all of this being that Fidelity managed both accounts. I called Fidelity and they stated that the SEC requires this.

Are you a former teacher and have an old 403b? Here’s a article on doing a 403b rollover to an IRA.

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Last Edited: July 25, 2017 @ 6:11 pmThe content of is for general information purposes only and does not constitute professional advice. Visitors to should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Philip Taylor

Philip Taylor, aka “PT”, is a CPA, financial writer, podcaster, FinCon Founder, husband, and father of three. He created PT Money back in 2007 to share his thoughts on money and to meet others passionate about managing their finances. All the content on this blog is original, and created or edited by PT. Read more about Philip Taylor, and be sure to connect with him on Twitter, Facebook, or Google+. Listen to the new podcast, Masters of Money!