UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: treeballcatfarm Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76384  
Subject: 401(k) Rolling? Date: 10/11/2007 12:35 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Fools... I'd love some objective opinions.

Just left a job of 6 years with a 401(k) that has about $103k in it. I am 36, married, 2 young kids, been an investor since I was 9. The 401(k) money is with John Hancock, which has been fine, and I have a money manager helping me pick funds.

My new job does not have a 401(k) plan, though we may start one up on 1/1/08. Obviously, I'd participate, and it appears to be John Hancock as well.

Here's the thing... I'd like to use part of the money to invest on my own, as I've done very well with researching via fool.com and a couple of the newsletters. Does anyone know if I can roll part of it to my E*Trade account or if I'd have to move the whole thing?

If I can move part of it, what amount is right? I was thinking roughly 25k, and move the balance to whatever new 401(k) is around.

Thanks for your opinions!
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Russia Collapsing Again?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement