<prompt> Human: My employer was recently acquired by a larger company. Our 401k was with Milliman and now it is at another investments company. We were told to move our funds over to the new company but Milliman told us there is a 75 processing fee. I asked our new director of HR if the company is covering this fee since its not our fault we have to move our money. He said that the company unfortunately doesnt cover it. Is this legal? Im sorry if this isnt the right subreddit. If its not, please advise me where to go and Ill post there. Thank you for the help!Edit: One form says 75 processing fee and another says 40 processing fee. So 115 total. Edit 2: Thank you very much for all the helpful comments! Sounds like the fees are just a part of it so Ill need to deal. Ill be contacting all parties to clarify what I should have done to avoid withdrawal penalties. I dont intend to use the money, I just want to move it to the acquiring companys 401k plan. Assistant: Since you have to roll it over and pay a fee, do you have to move it to the new 401k? Seems like you should be able to move it into an IRA, since you are the one paying the fee and have indicated that you need to initiate the transfer, which seems to illustrate that the company is not moving things in the backend.Human: Youre right. I didnt even think about it that I could move it to my Roth. I requested the check to be mailed to me per instructions of new 401k company so Ill see if I can deposit it to my Roth instead. Assistant: How much is it if you dont mind my asking. If it is a lot it might be better to move it to a traditional IRA. If it is a TON then consider keeping the 401k unless your state protects assets within an IRA. I know CA and GA do not.Human: Its about 5,600.  <response>: Just a note: if you do end up converting traditional into roth, youll have to pay taxes. In the converse, remember that employee matches are always traditional, even if your contribution is roth, so be aware of that fact. The amount you get may not all be one type. 