How should I invest my 401K if I intend to leave my current company after 1 year?

Posted by admin
401k
whatda asked:

So, if I intend to leave my current company in a year & move my 401K into another 401K or IRA option, does it make sense to just keep everything in a money market fund? Would I have to stay with the same funds for 5 or more years to reap any benefits from the stock market? Thanks.


Question posted courtesy of: Darlene
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • What are you supposed to do with your 401k after you leave your employer?
  • Are there ways I can get my money from my company’s 401k profit-sharing plan before I leave the company?
  • investing in a company, should i invest as an individual or as a holdings company?
  • Can I have an IRA and also a 401K plan at the sametime?
  • Investing Question w/ Stock Market?
  • What’s a good 401K allocation mix for these current times for a 45 year old person?
  • Mutual Fund Help?

    • This entry was posted on Thursday, March 5th, 2009 at 12:18 pm and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « What is the difference between 401k earning and appreciation?
    How does one start a 401K if you work at Wal-Mart? »

    5 Responses to “How should I invest my 401K if I intend to leave my current company after 1 year?”

    1. Derek Says:
      March 5th, 2009 at 5:18 pm

      You can’t move it into another 401 (k), but you can move it into a rollover IRA.

      I’d stay heavy in stocks especially if you’re under age 50.

    2. randall_senn Says:
      March 7th, 2009 at 8:31 pm

      An sp 500 index fund even if you cant keep it at your.
      The market is likely to recover some before the bottom.

    3. JohnGalt Says:
      March 8th, 2009 at 3:05 pm

      In a year, market could be up or down. If you are sure you are leaving, just put it in a money market.

    4. src50 Says:
      March 10th, 2009 at 8:43 am

      If you’re likely to roll it over in less than five years, I’d leave it in a money market fund.

    5. eternal student Says:
      March 12th, 2009 at 6:52 pm

      The time horizon obviously investment vehicles depending on staying with your positions will reap the markets have recovered significantly within the funds you are currently invested in 2006 we dont how much of these losses will reap the markets it is down some 40 from the short answer is down some rebalancing as for your equity investments to.