My 401k rollover check was deposited and distributed in my funds on Friday …. Why couldn’t it be today when the market dropped over 600 points! Darn their efficiency!

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Better than a week or so ago

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So true but it hurts my pocket a little knowing I could have gotten more bang for the buck! This too shall pass…as it always does.

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I had an old pension plan payout that I threw in my IRA in January of 2020. I was not thrilled a month or so later but I would do the same thing today.

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If it was deposited on Friday, are you sure it is not sitting in a cash equivalent position?

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Unfortunately I can confirm the cash in was indeed distributed!

Was it set up to automatically be distributed? Was this in your new employers 401k or a brokerage IRA?

My brokerage IRA which is automatic- but didn’t think it would happen so fast after they notified me they got the check.

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