Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I was thinking that I would just roll the money that I already have into my new 401k when I get another job.

If your new company allows this and has good investment choices, this could work out OK. You can also leave your 401k at your old company if they have good choices and you meet certain criteria (have more than $X there). A real popular choice is to roll it into an IRA at a fund company that has the investment choices you want. I'm pretty sure you can roll that IRA into a future company's 401k if you don't ever comingle the 401k rollover IRA with any "regular" IRA money. For the maximum flexibility, keep the rollover money separate.
Print the post  


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.
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.