Should I roll my 401K from my soon-to-be previous employer into a traditional IRA?
Wednesday, December 12th, 2007
Eric60613 asked:
I am leaving my current employer in the next few days. Should I roll my 401K and pension fund from my soon-to-be previous employer into a traditional IRA?
I am leaving my current employer in the next few days. Should I roll my 401K and pension fund from my soon-to-be previous employer into a traditional IRA?
My new employer offers 401K that matches up to the first 5% and allows me to roll my previous 401K into theirs. Should I do that, instead? According to the benefits literature from my new employer, my 401K with my new employer will be fully vested after my 4th anniversary there. Will I lose any value in my existing 401K by rolling mine into theirs if I leave my new employer before my 4th anniversary?
Question posted courtesy of: Cathy
