{ "media_type": "text", "post_content": "Virginia 🐠, has anyone had any luck rolling accrued PTO into your 401k/Roth upon exiting a firm? Our firm pays us out to the carryover limit, but doesn’t explicitly say check payment only", "post_id": "5babfde091676d001205b39f", "reply_count": 5, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

Virginia 🐠, has anyone had any luck rolling accrued PTO into your 401k/Roth upon exiting a firm? Our firm pays us out to the carryover limit, but doesn’t explicitly say check payment only

like
Posting as :
works at
You are currently posting as works at

Worst case, take the money as a check payment and increase your payroll contributions to the max allowable to offset

OW1, thats what I am trying to figure out. I can change it now to 100% of my earnings into 401k. But it won’t take effect until after I exit. HR is saying it’s supplemental wages and only payable via check. Which sounds off

They’re allowed to have whatever reasonable policies they want to make things administratively simple for them.

Are you starting a new job?

Yeah, accepted an offer starting early Oct. so may just defer the first couple checks at new company to make it up

Right, that’s what I’m thinking

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