so when I was in my early 20's I worked at a restaurant for a few years and didn't even remember contributing to a 401k. Well it seems I have about $2000 in an account with them. After not working for them for a year, they handed it off to a bank, and it turned into an ira that's been sitting untouched. I sent in the paper work and DL to claim my account and try to roll it over into my current companies 401k, but it has been nothing but a hassle. The current ira holder keeps asking for a letter of acceptance or proof of a qualified account to send the funds to my new 401k (huge company), but my current company says they don't sign any letters like that, outside of the roll into form they sent me. I seem to be going back and forth between the two companies with both just passing the blame onto the other one. my current company says they will send me a letter or determination, which sounds like the ira people might accept as proof?
anyways, might I just be better off leaving the ira open and using this smaller bank and manage the funds through them as opposed to 401k?
anyways, might I just be better off leaving the ira open and using this smaller bank and manage the funds through them as opposed to 401k?
