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Foreign_Afternoon_49 t1_jegfegz wrote

I think "pre-tax" means earnings (because they haven't been taxed yet and could, potentially, be subject to taxation if you withdraw them instead of rolling over).

As for the roller/conversion, I think they'll sell what you have and purchase it again in the new account. The difference in value should be minimal if they sell and buy within the same day or two. But of course it's possible if the market crashes or something, that the value will change.

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scccc- OP t1_jegh13t wrote

Thnxxx. That pre-tax thing and the reps I talked to just really confused me.

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DeluxeXL t1_jegj1r0 wrote

Unless you spoke to the plan rollovers department (someone at Fidelity finally gave me their number after I complained that I was transferred over 15 times), most of them don't really know the tax stuff.

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scccc- OP t1_jegj928 wrote

Lolll YES, they kept transferring me between their IRA and 401k department

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