Anyone have experience transferring a 401k? Either to a new employer to into an IRA.

Posting as :
works at
You are currently posting as works at

Its pretty easy

like

Yes. I forgot what I did but I know I called the new investment company and they walked me through it

like

Yeah it was really easy, rolled mine into an IRA

like

Make sure you roll into an IRA that the independence freaky freaks approve of!

The new broker does most of the work for you. You just sign the papers

If you rollover to Vanguard they make the process very painless. In general# transferring to your new employer is less than ideal as you'll pay higher fees than rolling into an IRA and will have more choices.

Additionally, if you can take the tax bite, you can convert to a Roth... Which is beautiful

Related Posts

AE position for healthcare in DC area; COLA from previous salary/location (AE role) says it should be $75k. Don't think that's realistic - any insights?

like

Roth 401k or regular 401k?

like

I am in the process of IVF due to my husband's male factor infertility. I am so grateful for the benefits that EY provides and wanted to know if there is any consideration for reevaluating those benefits? We know that IVF is incredibly expensive and for some of us, having children is a top priority. Does anyone know where or how we can petition for enhanced or shared benefits? I have ideas.

like

What is your agency’s maternity or paternity leave policy?

like

Looking to go to KPMG. What’s the comp and benefits for manager / SM in tech consulting in tier 2 city?

like

Best consulting companies for Healthcare related projects ?

Hi fishes,
I'm 22 and planning to take a life insurance. I'm comparing all policies and max life seems attractive as it has good claim settlement ratio and less premiums. But there is no office near our area. My worry is that if there is a need to claim in future, it can be done all online by my nominee? Is it recommended to take policy online in any platform(like policybazaar)?
Other options I'm considering are SBI life, HDFC life which offices are available in my locality.
Please guide

like

Any healthcare executives here?

like

Where can i apply for internet reimbursement in jpmc? Do we need to check any eligibity for this?

like

New to investing. Looking for any/ all tips... book recommendations, YouTube videos on how to get started

like

How is it like working as a Senior Credit Analyst (C11 grade) at Citi bank's nirlon knowledge park office in Mumbai? Work culture, benefits, negatives, any info would be helpful.

like

Hi All,
Can anyone tell me about the health insurance policy at Capgemini for parents . Is it possible to cover parents after marriage?
Thanks

like
like

Does anyone know if the same 401k rules apply at EY as Accenture so they will cap the contributions coming for your check say if you hit the yearly limits in August? So if you hit the 22,500 in 23 there is no way to go over for tax issues. Thinking to frontload next year contributions if market is down. EY

like

Always been a fan of FIRE and reading about it has definitely helped my finances but I can’t help but wonder if the movement is more about lifestyle change than early retirement.

After you achieve FI,you basically have to maintain the lifestyle that got you there.

What if you want to go on a lavish vacation or buy that flatscreen TV? Are you supposed to do away with material goods entirely? I suppose you could keep working for discretionary $ and live off interest but then you’re not retired.

like

Any ideas about the type of “healthcare” roles in Amazon, Best Buy and Walmart? FYI - background is strategy consulting in health.

like
like

Is anyone willing to share if your firm offers egg freezing without a fertility diagnosis as a benefit? We are trying to expand our benefits and would love to be able to say that others in the industry are already doing this. Thanks!

like

If biglaw makes so much money, why dont most partners retire at like 50?

like

More Posts

like

Hi Everyone,
I got mail from manager for Work from office. Do they have started to call everyone to office and how many are going to work from office?

like

Has anyone been to MJQ on a Wednesday night? 🤔

like

Am I setting myself up for failure if I push for associate offer?
Got a Bb offer and team is open to me joining either as a senior analyst or junior associate. With 2 yrs of ft exp and lengthy internships before that, I feel like I'm ready for the associate role. However, team head wanted to make sure that I don't underestimate the step-up it'll require on my end and that it'll be very intense. Any thoughts? Many thanks in advance!
I feel like I'd ramp up and it'll be stressful either way.

like

Hi Fishes,
I'm working on support role in Infosys, I want to switch my technology. So I should switch to Data Analytics or
Data scientist.
Please suggest.
I'm from CSE background but doesn't have much coding skills.
Thanks
#deloitte #help #amazon #Google #Infosys #bigdata
#Adidas #Goldman

I recently graduated college last year and am trying to pursue certifications to help build up my resume. I currently hold an AWS SAA certification and Azure AZ -900. I am looking to try and obtain the CISSP next. Is there something else I should start with before diving into CISSP or should I direct my studying and focus in that direction?

like

I'm thinking the stock market will rebound within a 3 year horizon. I'm starting grad school in fall. I'm thinking of taking a student loan & starting a 529 now, to pay it off in the future. Thoughts?

like

Will hcl provide relocation amount doj 20 jan?

like

What's that TV moment of 2022 that will be remembered for a lifetime?

like

Which one should I join?

IBM
PWC
EY
Optum
Global logic

like

Our system is really lacking and we do a lot of work outside of it to track data. Currently I’m using Excel to track data from multiple resources, however, it’s so manual and prone to error. Any suggestions to keep the data clean when I have to pull info from multiple places? I’m constantly auditing and we won’t even look at getting a new system until next year :(

For any professionals new to Chicago, or anyone just looking for a new neighborhood, I’m sharing a link to the lovely apartment I’m leaving in North Center (cont).

Hey all—not quite an ad fish in Toronto but ideally would like to become one, and I’m not sure if there’s a better place to post this. I’m born + raised in the US, but my boyfriend lives in Canada and I’m looking, hoping, to make the jump up north to be with him full time.

I know there’s a big ad scene in Toronto. Do you think it’s possible for me to get a job there from the US and move up there?

like

Planning to join Capgemini Kolkata as C2 in a few days. HR mentioned its proactive hiring and Project would be allocated once I join. Is it true that they ask to relocate even if you are hired for Kolkata location?

like

If Trump won the election, would you stay or leave?

likefunny

If you’re a Canadian looking for a Junior accountant role (0-2 years of experience in accounting) in tech, shoot me a DM

Primarily remote roles

Do we get bereavement leave in wipro? if yes then how many?

I am finishing up a project and I’m trying to document what I’ve done for my resume. What are some good metrics for someone who mainly created user stories, created dashboards, interacted with the client and developed statistical models? One of my dashboards got deployed to production but it’s to early to see the impact. My other dashboards are almost done but I’m moving on to something else.

like

Starting natural IUI this cycle. Been TTC with 7 months with no success. Any success stories with natural IUI? How many tries did it take? Also is the procedure painful ? Any tips from people who have gone through in the past will be helpful .

like

Additional Posts in Consulting

Fellow runners - I’ve been running 3-4x per week at about a 20-25 mile/week for the past year or so.

My questions: (1) does it make sense to take a week off and let myself rest or do other workouts (i.e. cycling) and (2) I’ve been running with the same shoes since August last year - make sense to get new ones?

like

Do CEOs of consulting firms earn as much as partners/MDs? Or more than them?

like

I'm looking to improve my communication skills to navigate a very political environment better (i.e. I need to be more diplomatic). Any books recommendarions are appreciated 💁🏼‍♀️

like

what is typically consiered a good annual return for investing in stocks

like

EY what are you hiring in? Trying to break in.

like

Any HYSA recommendations for a new college grad with about 25k in savings?

like

Does anyone know if the same 401k rules apply at EY as Accenture so they will cap the contributions coming for your check say if you hit the yearly limits in August? So if you hit the 22,500 in 23 there is no way to go over for tax issues. Thinking to frontload next year contributions if market is down. EY

like

Any of the female consultants out there been asked what their "rate" was when having a solo drink at the hotel bar? I mean, I can't help it that I'm popular...

like

Honestly, where does CNN find their journalists? Can’t even get the state right.

Post Photo
likefunny

Wanted to know how different is management consulting in the US via-a-vis India?

Background : working as front end consultant in India. Daily routine is opening laptop at 9AM and doing work till 10ish PM, if the project is tight (which it is in majority cases) closing laptop by 1 or 2 am. Travel depends on project. Sr Managers have no sense of personal space in most companies. Money is goood.

How are things in US as I wish to join consulting in US for a few years for int’l exposure

like

How does severance typically work when you get fired? Is it a lump sum?

like

Do you guys ever compare your progression to those in your graduating class? Or to peers in your age group? How do I shake the need to constantly compare myself to others’ career progression? I feel like I am a year behind and I can’t shake the feeling of self blame and insecurity.

like
like

About to board a flight, see a guy with a sweatshirt that says, “I’m a consultant. To save time, let’s just assume I’m never wrong” 😂

funnylike

First Accenture analyst here severely underpaid need to move ASAP for financial reasons. I want to switch firms but I have no real specialty any advice or tips?

like

PwC: for those laid off, how much does Cobra cost for us? Or can someone point me in the right direction? Only have 2 days to transfer 401k, wealth builder, and insurance/etc so scrambling now

like

Ok, Friday confession. Who here actually purchased tickets or went to Fyre fest?

funnylike

Do you buy Christmas gifts for your friends?

like

What are JFK lines looking like ? Would Arriving 30 mins prior to boarding be okay ?

like

Thoughts on Riveron Consulting?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal