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      01-01-2025, 06:45 PM   #47
Mosaud1998
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Drives: 2019 BMW 540
Join Date: Nov 2019
Location: Suburb of Chicago

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2019 BMW 540  [0.00]
Quote:
Originally Posted by chassis View Post
There is a miscommunication going on.

You can’t make a deposit into a 401k except via payroll deduction. Ms. Empower either gave you bad information or you may have misunderstood.

Once Empower cuts you a check, they don’t care what you do with the money and where you can or can’t invest it.

You can rollover from Empower to a Fidelity IRA. IRAs have similar treatment as 401ks under tax laws but they are not the same.
I'll call Empower tomorrow morning and figure it out
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Current: 2019 BMW 540 (AWD) & 2006 Honda Accord EX-L V6
Sold: 2009 BMW 328 (AWD)
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