New to a 401k, I start a new job next week. I currently have a Roth Ira with a $6000.00 balance.?
Thursday, September 27th, 2007
last time I try asked:
I will not have enough money to fund both an IRA and a 401k. I know with a 401K I would be better off with a tradional IRA Should I just let the ROTH IRA ride, or should I roll this into my new 401K. Can I even do That? The company won’t start matching me dollar for dollar until I have been there a year, yet I can enroll in the 401K after only 30 days. I use Fidelity for my IRA and the new 401K offers fidelity so it would be an easy transfer… I think? What would you do? My last employer offered only a pension so I have no 401K money to roll over.
Question posted courtesy of: Jonathan
I will not have enough money to fund both an IRA and a 401k. I know with a 401K I would be better off with a tradional IRA Should I just let the ROTH IRA ride, or should I roll this into my new 401K. Can I even do That? The company won’t start matching me dollar for dollar until I have been there a year, yet I can enroll in the 401K after only 30 days. I use Fidelity for my IRA and the new 401K offers fidelity so it would be an easy transfer… I think? What would you do? My last employer offered only a pension so I have no 401K money to roll over.
Question posted courtesy of: Jonathan
