Joe M (10
Advisors Out There"
I've read the postings about prophecy, and the postings about
money. It seems to me that a huge earthquake is coming,
possibly in the U.S. Also, the stock market is
troubled. What I wanted to do is put my 401K money into my
local bank. I wanted to transfer it into an IRA.
When I tried, the holder of my 401K said I can't do it, that
it's not a 'distributable event'. I asked my local bank
about this, and they said that's how it works. So they
couldn't help me. My thinking is if it's in a IRA at my
local bank, then I can liquify it if necessary in an
emergency. I can't tell if the 401K person is telling me
the whole truth or not? If anyone has knowledge about
these things, please let me know.