I have an old retirement account from a job I had ten years ago in a state on the other side of the country. The funds ($9000) were in a state education pension plan but I am trying to roll it into my current employer's 403b account, and it has been a nightmare. No one seems to know which paperwork they are supposed to complete (think that Spider Man meme), so I keep getting everything bouncing back to me. This has been going on for months.
So, I am wondering if I should just have my former employer plan cut me a check for the balance minus the tax I would owe, and put that into a Roth IRA. I'm in my late 40's so nowhere near retirement. I just feel like I will never get this money unless they just cut me a check directly. Thoughts?