Started By
Message

re: Switching jobs and 401k question

Posted on 4/17/15 at 10:01 am to
Posted by Croacka
Denham Springs
Member since Dec 2008
61442 posts
Posted on 4/17/15 at 10:01 am to
quote:

there is no benefit in rolling it over to your new company's 401k


Aren't costs/fees sometimes lower in some 401ks than in IRAs?

I may have misunderstood that somewhere but if it's true, that would be a benefit
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 4/17/15 at 10:04 am to
quote:

Aren't costs/fees sometimes lower in some 401ks than in IRAs?

I may have misunderstood that somewhere but if it's true, that would be a benefit



For sure. I'd look at both based on costs/fees.
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7544 posts
Posted on 4/17/15 at 10:12 am to
quote:

Aren't costs/fees sometimes lower in some 401ks than in IRAs?

I may have misunderstood that somewhere but if it's true, that would be a benefit

I'm sure that may be the case once, but that would be the exception. Most IRAs have much greater options at lower fund fees.

OP should look at the 401k options then compare to a Vanguard IRA. I would bet the IRA would be cheaper than the 401k.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 5/19/15 at 4:45 pm to
quote:

Aren't costs/fees sometimes lower in some 401ks than in IRAs?


depends on what you select for investments. But if you go for schwab or vanguard ETFs in your IRA, they are going to beat most 401ks.

Do not rollover to your current company 401k. 401k usually has very high fees all things considered.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram