I retired and called to rollover my 401k and Vanguard told me that FedEx requires them to hold my 401k monies for 45 days. I do not understand how this is even legal. The good thing was, and would advise all retires to do, is roll over your 401k before you retire. In this way they only require to hold 20% of your monies. I fail to see the reasoning behind this. Can anyone explain this to me. And the Vanguard person said this is a FedEx requirement. My financial guy has never heard of this before.