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Reply to "Rolling over 401ks"
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[quote=Anonymous][quote=Anonymous]Do it on the phone with Vanguard or Fidelity, not on your own. You're going to end up with the money in a Rollover IRA, not a Traditional IRA, so if you open a traditional IRA first you'll have an empty IRA sitting around when you're done.[/quote] They hold your hand through this whole thing on the Vanguard site. The Rollover IRA is just to "catch" the incoming rollover funds. Then you disburse from the Rollover IRA into your target account, the Traditional IRA.[/quote]
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