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re: 19k from previous employer 401k

Posted on 2/21/17 at 12:16 pm to
Posted by kaaj24
Dallas
Member since Jan 2010
621 posts
Posted on 2/21/17 at 12:16 pm to
Yes, rollover into your own IRA. You will have many more investment options than an employer plan plus access to investments with cheaper fees.

Sounds like you should work on building up an emergency fund for the moments where it does hit the fan
Posted by BoogaBear
Member since Jul 2013
5611 posts
Posted on 2/21/17 at 12:53 pm to
We have a 2-3 month emergency fund.

I just didn't know if there was a huge difference between employer 401k and rollover IRA. If there wasn't much of a difference, why not keep it in employer IRA to have that option.

Thanks for the help, I started the process of rolling it into an IRA with Fidelity. Chose Fidelity simply to have one place to view everything.

Recommend any funds?
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