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Rollover IRA to i401K

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  • Rollover IRA to i401K

    Hi,

    I just opened an Etrade solo 401k and want to transfer my Vanguard Rollover IRA into it so I can do the Backdoor Roth. Does anyone know how to do this logistically? Is it considered an "Account transfer" or a "Rollover"? Do I initiate it from Etrade's website or from Vanguards?  I have tried asking customer service and unfortunately wasn't able to get a straight answer.

    Thanks,

    Jen

     

  • #2
    It is a rollover, but ET might classify it as a transfer. I imagine you will initiate from ET and then they will electronically contact Vanguard and complete the move. At least, that's the process for our custodian (TDA).
    Working to protect good doctors from bad advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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