Guest David M Posted June 5, 2006 Posted June 5, 2006 Which large national firms are now accepting automatic IRA rollovers from defined benefit plans? When last we checked, only small--sometimes start-up--firms were doing this business.
mwyatt Posted June 5, 2006 Posted June 5, 2006 The issue is not limited to DB plans - fundamental problem is there aren't a whole lot of folks clamoring for the lucrative 1k-5k rollover business, as you would suspect.
david rigby Posted June 5, 2006 Posted June 5, 2006 If "firms" means financial institutions, BB&T will establish automatic rollovers. Whether from a DC or DB plan is not relevant. Email me and I can provide some details. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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