{ "media_type": "text", "post_content": "Couple financial questions:\n\n1) what do you do with your 401k when you quit?\n2) if you go to grad school and come back above the income limit for Roth IRA, do you leave it where it is to grow?", "post_id": "5b14a08338aec00013718b4e", "reply_count": 3, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Couple financial questions: 1) what do you do with your 401k when you quit? 2) if you go to grad school and come back above the income limit for Roth IRA, do you leave it where it is to grow?

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

You call roll over your 401k or leave it if your plan has good options and low fees. For Roth, look up Backdoor roth IRA

like

1. Rollover to new 401k 2. Convert to backdoor Roth ira

Rollover IRA. That way you have total control

Related Posts

Are you entitled to parental leave benefits from Day 1 at Accenture? We will have a baby within the first year of me working at Accenture…trying to confirm whether I’ll be eligible for leave benefits.

like

If I come back to Accenture do I immediately get 401K contributions vested because I have over 2 years tenure already?

like
like

Former KPMG ers, how long did it take to get the final expense reimbursement? I submitted the last one for the laptop shipping cost.

like

Do any of your firms give you a credit for opting out of health insurance? How much? I don't think EY does. I wish they did. 😪

like

PwC folks! Is the firm providing any home office benefits like new monitor purchase? I'm starting in September and debating whether I should wait to purchase my second monitor.

like

Anyone else work at a company that has a great pay and benefits, but ultimately dissatisfied because of the line of business? I've come to realize that working at a company, say DoorDash, doesn't really interest me since the product itself doesn't seem to be that interesting to work on. What are some companies in tech that are tackling interesting problems like in health care or climate?

like

Does anyone here use their FSA for dependent care ? How do you maximize benefits and minimize waste ?

like

I am turning 30 soon. Had paid off my student loan and other debts (except my home mortgage). Making almost $100K a year and have saved around $45K (stocks + 401K). Want to know how am I doing?

like

fat, single and frustrated. How do people find friends with benefits

like

I dont necessarily fit in this bucket and wished I had known the information you all have at your fingertips. I believe my picture would be totally different. I'm 60+ and will retire in the next yr. I think it is great that you all are doing well even for the perceived late starters. I started seriously saving in my early 50s. Over that time I have 2 mortgages no other debt and a nice nest egg. Curious though, how are you all going to cover medical in early retirement?

likefunny

First time home buyer here—although not ideal, would it be better to take money out of my Roth or traditional 401k to help pay for the house?

like

I just got back from maternity leave last week and have a meeting with hr/partner tomorrow. Am I being let go?

like

What are the interview questions asked for a lead business analyst at legato healthcare? Is the company good enough? Opinions pls

like

New Amex Plat card designs are actually kinda cool. Available for selection for new and existing cardmembers starting 1/20/22 - no add’l charge or benefits.

Post Photo
like

Where do you work, and what educational benefits does your employer provide? Currently working full time and taking some classes toward my master’s. I’ve been at my firm for a little over 2 years as it was my first gig out of undergrad. It provides an annual stipend for education, but I’m bored, unchallenged, unfulfilled, and underpaid. I want to explore what other companies offer to make an educated decision as to whether I should go elsewhere. TIA!

likefunny

Hey all, young professional here looking to set up recurring investments in my brokerage account with extra money (after maxing 401K, Roth IRA, etc.). What funds should I be looking at to set up these automatic investments? Thanks!

like

HHI of $320k in MCOL. How much should I be saving? Any tips on what I can do better to save more? Currently max out 401k and maybe save another 20k a year. I never thought I would be making this much and can feel lifestyle creep happening every day.

like

I just left Deloitte and have the option to rollover my 401k to an IRA. If I’m happy with the existing funds and there’s no fees to keep it there, is there still an advantage to rollover?

like

What does a realistic retirement look like to you? (Ie beach condo paid off, car paid off, $$$ in the bank, 401K pay out monthly)?

like

Additional Posts

Campus recruiters: I am not a premium employer on Handshake but I want to host a multi-school virtual info session. Can’t I use the same link for a Teams meeting (or Zoom or whatever) and request events at each of the schools I’m targeting? I know that’s a lot of manual work to set up the individual school events but is there any reason that wouldn’t work? It’s been a while since I’ve had to do this and I don’t want to have to re-do anything and look messy! Thanks for any tips in advance!

like

Hey all - need some important advice. I feel like I under-bargained base/starting salary at Slalom. Got 79K base with up to 8% bonus in a low-to-medium cost of living area as an AC. I'm 1 year out of college (top 40 uni) with ~1 year of NON-consulting experience (mostly programming/software dev. experience at some small companies). How should I expect to increase the salary up to six-figures for the next 2-3 years?

like

I’m a 1st year, signed to go to a PE fund after finishing my 2nd year. Considering doing VC for the next year instead, so resume would look 1yr MBB, 1yr VC, 2yrs PE then bschool. Too much job hopping?

like

Thoughts on MITRE? Culture, comp, mobility, people, etc?

like

Thoughts on Westin Grand Central?

Currently at PWC US. Got an offer for MBB India. How do I think about this? Few considerations 1. On H1B 2. Salary ~170K currently (India will be 50L) 2. Don’t have loans 3. Long term goal is to be in Tech 4. Family in India. Currently unmarried (with a long term gf in India who is willing to relocate to US)

like

Hello Recruiter/TA/HR Friends! I'm helping my team put together some metrics for the year and would love to hear your feedback: 1) Outside of recruiting/sourcing + interviewing on a daily basis, what other task(s) do you spend the most on? -Maintaining an ATS or database -Scheduling interviews -Feedback/data collection -Recruitment strategy 2) Average time it has taken to fill a full-time role internally this year? -4 weeks or less -4 to 8 weeks -8-12 weeks -12 weeks+ Thank You!

like

Was offered by D today in consulting, experienced manager. Have a competing offer with ACN Strategy but was more inclined towards D’s role. Sign on bonus at D is very low, what’s maximum offered at M?

like

I’m looking to buy a used Audi Q3 (in about a year when the used car market cools down.) for around $32K. I will be getting my banked bonus at the same time for let’s say $18K (after tax). Audi offers 1.99% APR for used cars. How much should I put down on the car from my banked bonus, considering the APR is so low? - (first time buying a car)

like

McKinsey, advanced analytics analyst for marketing&sales. Any interview advice? By recruiter it sounds like a long long process

like

Quick question - can you travel with an Allen key in your carry on (for adjusting spin shoes in the road). It’s not sharp at all. Seems less dangerous than a pen.

Is 1 hour layover okay with a checked bag for delta?

like

MBB folks. Say you graduate out of an MBA at 28 or so so 6 years of work experience. What rank would you come in as?

like

Ho guys Is TSYS offering permanent WFH or any chance to resume office? Pls let me know

Not sure why, but all of my job applications are being denied. I feel like I have all the skills necessary to be a data analyst/Sr data analyst. I’m good with SQL (Also have ETL experience), PowerBI, excel, have a good grasp on general statistics, and I have close to 2 years as a data analyst for an e-commerce company. Not sure how to format my resume but it’s getting annoying meeting the requirements for all the positions I apply to and not getting any responses during a “hiring frenzy”

like

How do you handle cell phones in the classroom? Looking for suggestions!

like

My district has told me that I am not allowed to use any live video chats (Zoom, Google Hangouts, etc) with students so no one sues the district. Anyone running into the same problem?

likesmarthelpful

ZS Associates vs Slalom Consulting Could anyone who's at these firms or exited from here compare and attest to the parameters below? I'm considering these companies among others to make a transition. Please help, fish! Skills development, short term/long term growth (compensation and otherwise), type of work, type of culture/people, type of industry impact, exit opportunities and any other considerations to decide between multiple offers.

like

Unmarried people of this bowl, how has the WFH affected your relationships/dating life?

like

Any advice for someone looking to transition into a full HR Generalist role from Recruiting. I’m currently a Campus Recruiter with about 5 years of HR experience (Coordinator- Higher Ed). I received my PHR certification in September 2020 and sitting for my SHRM-CP in two weeks. I’m having a hard time transitioning into a full Generalist position.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal