{ "media_type": "text", "post_content": "Disclaimer: ignorant on rollovers…trying to mitigate that here. \nCurrently rolling over my 401k with a previous employer to my current employer, per their requirement. \nThe previous 401k intuition cut me a couple checks (pre-tax and Roth) and now I’m supposed to mail those to the institution running my new/current 401k. \nDoes this mean I had to close all my positions (a loss in most cases 📉) and now have to use that lump sum to purchase new funds, albeit a lower price point (at this moment)?", "post_id": "627c6918bd595a002b28a41f", "reply_count": 2, "vote_count": 2, "bowl_id": "5b04eaa9e090ee0013704639", "bowl_name": "Stocks", "feed_type": "bowl" }
null

Disclaimer: ignorant on rollovers…trying to mitigate that here.
Currently rolling over my 401k with a previous employer to my current employer, per their requirement.
The previous 401k intuition cut me a couple checks (pre-tax and Roth) and now I’m supposed to mail those to the institution running my new/current 401k.
Does this mean I had to close all my positions (a loss in most cases 📉) and now have to use that lump sum to purchase new funds, albeit a lower price point (at this moment)?

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

I believe so .. that's the reason I did not opt for an rollover right now ... Portfolio is way down

Yes, you did. Nothing you can do about it now. Don't obsess about it and move on

Related Posts

If I choose to take two years of LOA to pursue an MBA on a full scholarship, would I lose my health insurance benefits and unpaid bonus while I’m gone?

like

Additional Posts

How long does it typically take between the last interview at a big law firm and receiving word on an offer or lack thereof? I’ve been told for the past week that things are being wrapped up but no indication of when that will be. Just trying to manage my expectations.

like

Just remember - add 55 votes to the Hill Dawg for the guaranteed California vote win.

like

If I choose to take two years of LOA to pursue an MBA on a full scholarship, would I lose my health insurance benefits and unpaid bonus while I’m gone?

like

Any thoughts on Golden Gate vs New Mountain in terms of culture and reputation?

like

Feeling burned out and the busy season has not started yet. Any advise on make myself motivated?

like

When the United snacks you saved in your purse come in handy...

like

Interviewed for a few rounds and was given a take home test. Test was given on a Mon, and was expected to submit by Wed. Now I have a full time job and working on a shoot that week. (Cont’d)

Fed up with EJ and their metrics/onslaught of newbies. Seems they want vets to leave & newbies to replace to split books/reduce risk. 4+ yr guys can’t receive/acquire assets. Hiring? Thoughts?

like

I'm honestly impressed how many hours I've worked in October without the assistance of any performance-enhancing drugs. 🤣 #busyseasonsilverlivings

likefunny

For those that have been in a relationship for 3+ years but aren’t married to your significant other, how do you keep things fun and keep the spark going? Sometimes I feel complacent..

like

EY’s Return to work policy is essentially WFH until further notice. PwC is completely remote at least until June. What’s the current policy for the other two Big 4 firms?

like

Is a tie necessary for a virtual interview with big 4 or will a shirt and jacket suffice?

likesmart

Do they sell/have in stock to try on peleton shoes at the Peleton stores? I want to try on sizes before I buy. Im also open to other suggestions but I see a lot of mixed reviews on Amazon, and most don’t come with cleats so by the time you add cleats into the price I feel like I might as well buy the peleton brand

like

Looking to move, Best city for a 30 something single woman? No children only a cute pup and my bright personality! May have to leave consulting as it’s likely sucking the life out of me day by day...

like

How bad is the construction going on at LGA? Will it impact travel schedule?

like

I'm starting my first teaching position mid-year next week. I'll be the third teacher this class has had this year already. Any advice?

like

I got a 6% pay rise today in my annual review. Apparently, this is good for the company I work for and I believe this is true. How does this compare to other places? Am in UK, but in North of England.

like

Favorite old school consulting memories? Mine: transparencies, actual airline tickets (lined up in a row on my desk), specific phone cards that let you make calls from pay phones at airports (cont)

like

Any recommendations on in window AC units?

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

For account settings, visit Fishbowl on Desktop Browser or

General

Legal