Stop in for a cup of coffee

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zkx14 said:
The only way mine could get worse is if I just dumped everything together in a pile.
But at least then I would only have to look in one place...
Click to expand...
LOL - I went nuts - even did some tool drawers - cleaned 'em out and moved a few things from here to there... brutal trying to get used to it :BangHead:
 
ScampMike said:
LOL - I went nuts - even did some tool drawers - cleaned 'em out and moved a few things from here to there... brutal trying to get used to it :BangHead:
Click to expand...
So I think you went nuts a long time ago, I know I did, that's what this thread is for right?
 
I keep my commonly used tools in my big box near the bigger bench (same wall as my air line and the bench grinder) and a bunch of lesser used tools, in a small box, on the other side of the garage near a smaller bench - where the mini fridge is :D .. you would think that it makes sense.. but noooooo... seems I damn near never have what I need where I need it - - - I waste a lot of time going back and forth from one side of the garage to the other... :realcrazy::realcrazy:
 
dukeboy_318 said:
Well I've found my first hiccup with the new job..... and it's actually not their fault. The company im leaving , employees didn't come eligible for their 401k until 18 months of employment. I've been there just under 3 years but have only 18 months of contributing to the 401k, problem is they require the 401k to be cashed out or rolled over if you leave the company, has to be done by their policy within 45 days from the date of notice. Problem is new company's fund manager won't let me roll it over for 60 days after employment.

So I contacted several 401k companies this morning including ones with precious metals, got the same answer, my 401k has to be over 10k to roll it over
Click to expand...
You can roll it over into an IRA with no penalty, it just has to be a direct transfer (trustee-to-trustee) and there won't be any issue.
 
ScampMike said:
I keep my commonly used tools in my big box near the bigger bench (same wall as my air line and the bench grinder) and a bunch of lesser used tools, in a small box, on the other side of the garage near a smaller bench - where the mini fridge is :D .. you would think that it makes sense.. but noooooo... seems I damn near never have what I need where I need it - - - I waste a lot of time going back and forth from one side of the garage to the other... :realcrazy::realcrazy:
Click to expand...
My problem is that everyone on the farm wants to use my tools so I keep them locked. Why because everyone from my grandfather to my brother use a tool and just leave it laying whereever it was used last....... for tired of taking 6 hrs to do an hr job because I spent 5.5 hours hunting for tools
 
Ddaddy said:
You can roll it over into an IRA with no penalty, it just has to be a direct transfer (trustee-to-trustee) and there won't be any issue.
Click to expand...
Well that's what I'm trying to do. I've called a dozen companies this morning and most won't touch it because it's below 10k . The only two that will want to charge a massive fee that pretty much equals the amount I'd lose if I took the cash out.....
 
dukeboy_318 said:
My problem is that everyone on the farm wants to use my tools so I keep them locked. Why because everyone from my grandfather to my brother use a tool and just leave it laying whereever it was used last....... for tired of taking 6 hrs to do an hr job because I spent 5.5 hours hunting for tools
Click to expand...
I'm lucky in that respect - NO ONE gets into and works in my garage without me there.
 
I may have found a way to do it though and avoid all but a 20 percent income tax. But I'd come out ahead of all other options. And that's to cash it out and open a self directed Roth IRA, I'd avoid the penalties and fees
 
dukeboy_318 said:
I may have found a way to do it though and avoid all but a 20 percent income tax. But I'd come out ahead of all other options. And that's to cash it out and open a self directed Roth IRA, I'd avoid the penalties and fees
Click to expand...
You should be able to move it without losing anything. The new account has to request the funds as a result of your paperwork.
 
dukeboy_318 said:
Well I've found my first hiccup with the new job..... and it's actually not their fault. The company im leaving , employees didn't come eligible for their 401k until 18 months of employment. I've been there just under 3 years but have only 18 months of contributing to the 401k, problem is they require the 401k to be cashed out or rolled over if you leave the company, has to be done by their policy within 45 days from the date of notice. Problem is new company's fund manager won't let me roll it over for 60 days after employment.

So I contacted several 401k companies this morning including ones with precious metals, got the same answer, my 401k has to be over 10k to roll it over
Click to expand...

You should be able to stick it into an IRA then....
 
GeorgeH said:
You should be able to move it without losing anything. The new account has to request the funds as a result of your paperwork.
Click to expand...
moving to a Roth IRA I will because of taxes. There's still fees though if I go thru a fund manager, a self administered Roth I was told will avoid the fees

krazykuda said:
You should be able to stick it into an IRA then....
Click to expand...
trying
 
Worse comes to worse, it gets cashed out and invested in physical silver
 

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