This has always been my experience with 401k rollovers, too. The checks are always payable to "New Employer 401(k) Plan, FBO Louis Winthorpe III"you should stay after OneAmerica. that's a completely lame excuse. Having done my own transfers, and helped my kids/sister with theirs, multiple custodians have all done the Plan name/Brokerage firm FBO person. They insist on doing it that way.
This is 100% a problem with OneAmerica.
Statistics: Posted by Winthorpe — Fri May 10, 2024 1:39 am