Does anyone know if the EY pension money is pre or post tax money? Looking to transfer it to an IRA. Vanguard needs to know. I left a few months ago.

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Should be a tax free conversion tho until u withdraw it from IRA.

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It’s pretax but you can have them withhold for you so you can do the rollover.

We can transfer pension to an IRA? Is that the cash value?

Any cash balance plan is portable when you leave the company

Just got off the phone with Benefits Express and since we never contributed any $ into this account, it's a pre-tax account (2 points for Deloitte 1). Going to roll over into a Traditional IRA.

You can roll into a Roth IRA and have them withhold taxes. That’s what I did

Who did you roll yours over to and did they withhold the taxes, or the investment company (I'm guessing it was Aon Hewitt)? Did they figure out the taxes for you?

Had the pension company withhold federal and rolled over into my vanguard Roth IRA

Thanks

Does anyone know if you roll it into a Roth IRA (and withhold the taxes to do so), is it treated the same as other contributions and eligible to be withdrawn penalty free?

EY3, good question. I don't know the answer though.

It’s penalty free

I did it and had no issues when I did my personal taxes

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