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401k rollover/Roth ira question
Posted on 9/6/13 at 1:39 pm
Posted on 9/6/13 at 1:39 pm
So I have two old 401k's (one with Ing and one with vanguard). What are te positives and negatives of rolling them over somewhere?
I'd also like to open an Ira because I want to put more away than the allowable max my new company offers. I think I would rather a Roth. Everyone here talks about vanguard so I'm leaning that way, any reason not to?
Fwiw, I'm a passive investor. While I do check my balance from time to time, I don't move money around.
I'd also like to open an Ira because I want to put more away than the allowable max my new company offers. I think I would rather a Roth. Everyone here talks about vanguard so I'm leaning that way, any reason not to?
Fwiw, I'm a passive investor. While I do check my balance from time to time, I don't move money around.
3
Posted on 9/6/13 at 1:42 pm to Coon
This looks familiar
I like Vanguard. Easy to use
I like Vanguard. Easy to use
Posted on 9/6/13 at 1:54 pm to Coon
Do a Roth. Vanguard is a solid choice.
Rolling over the 401(k) gives you more flexibility in what you can invest in.
Rolling over the 401(k) gives you more flexibility in what you can invest in.
Posted on 9/6/13 at 2:48 pm to Coon
Roll the two 401k's into an ira and then open a Roth for new contributions. Voila.
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