No. of Recommendations: 0
JAFO writes:

<< I am not sure that you will have the choice to let your moeny in your soon to be former employer's 401-k plan, because it is less than $3500 (former amount, I have heard, but not checked the rules that the threshhold amount has been increased to $5000).>>

The $3.5K limit was raised to $5K effective on August 1, 1997. That was part of the Taxpayer's Relief Act of 1997 as I recall.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.