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re: Smart to roll 401k from previous job into new one?
Posted on 5/12/14 at 1:09 pm to okietiger
Posted on 5/12/14 at 1:09 pm to okietiger
I'll be the dissenter and say don't roll into an IRA. Sure you'll have more choices, but are you a professional? If not, I'd guess you'll end up paying higher fees and increase the chance you're going to do something stupid. Unless you have high confidence in your ability to manage your money, leaving it in a qualified plan in something like a target date fund, will likely result in lower fees and a better outcome than what you'd realize on your own in an IRA.
Posted on 5/12/14 at 1:18 pm to coolpapaboze
Rolling it over and letting a professional oversee it is always an option, and one of the better ones at that.
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