Help!

[aphar]

My wife has been trying to roll her 401(k) out of TIAA CREF for 4 months.
It is now clear that these thieves are not willing to disburse the money:
We filled the forms several times, were told that you will receive your check within a week and every time we got the same forms instead of the check - and an explanation that something is missing so we have to start all over.
What can be done?
We do not want to abandon the few thousands we have there, but the sum is probably not enough to bring the bastards to court over it.

Comments

[magicmirror.livejournal.com]

Post on
http://community.livejournal.com/rusam/

[ymarkov.livejournal.com]

Have you tried siccing the new custodian on them? I mean, you're not rolling it out in cash, but rolling over to an IRA or another 401(k), right?

[aphar.livejournal.com]

interesting. I did not think about it.
I have done all the paperwork to open an account at fidelity, but I though I would open it when the rollover check arrives.
do you think I should go to fidelity and ask them for help?!

[ymarkov.livejournal.com]

Most places you can give the new custodian the old account information, sign an authorization for them to withdraw money, and let them deal with it. If Fidelity's forms don't include such an option, ask them.

Personally, I prefer Vanguard to Fidelity - good choice of funds, low fees, and they do the rollover for you (or did for me years ago).