Principal - Rollover 401k to Traditional IRA
I have a 401k with my previous employer at Principal. Principal also added $15 into a Roth IRA (unbeknownst to me). This is causing problems.
I would like to roll over the 401k into my Traditional IRA at a different financial institution. Principal is charging $50 as a distribution fee. That's fine. However, they are charging an additional $50 distribution fee to rollover the $15 Roth IRA. When I go through the forms to do the rollover, Principal errors out telling me I can't rollover because "You requested a distribution amount that's greater than the maximum amount available."
I am feeling very trapped by Principal and these feels extremely shady. Any advice to get through this?
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