Originally Posted by
quizzer25
Last year I transferred my old 401k to Merril Edge IRA and got the BOA preferred status and enjoying the higher % cashback.
There is still some 3k money left in the old 401K account. Found it by getting the statement in mail. I thought I got everything out last year.
Can I ask them to send a check FBO (My name) and deposit it into my Merril edge IRA at the local BOA bank? Will I be able to deposit this kind of check in the branch?
Last year I mailed the check to ME Florida address.
If you ask for a check in your name, you may also end up receiving a 1099 from FNB at the end of the year. I would not do that.