Related Posts
More Posts
I have two years of automotive/aerospace manufacturing experience and am looking for new opportunities. I recently applied to a Solution Engineer - Commercial Manufacturing, Automotive, Energy (MAE) role at Salesforce, and it sounds like a great fit. Is anyone willing to offer me a referral or advice on how to move forward in the hiring process? Salesforce
Cam Newton’s LinkedIn…. Why???

when exactly is the ey split happening??
Additional Posts in Finance
Which firm hires the dumbest people?
I freaking love wearing khakis
New to Fishbowl?
unlock all discussions on Fishbowl.



Definitely move to a traditional IRA. Costs are higher in a 401k. In a traditional IRA, you are free to invest in anything. Not nearly so in a 401k.
BTW, I’m a CPA.
Hi LPL1, Thank you so much for a solid answer. My current 401k is just split by stocks , MF and low risk investments. It’s just administrated by my employers administrator. Does it really make sense to enroll in “active management” and pay extra? I am inexperienced , somewhat risk averse and worry that the fees may outweigh any benefits. What are your thoughts? Have u seen a major difference in growth when they are actively managed by advisors?
Ira you can buy stock and probably have more choices to buy anything you want , real estate, gold, precious metals, annuity, 401 k limited to the choices in plan, 401 k let’s you borrow if they still work there
If you need to do Backdoor Roth contributions or plan to in the future, having a traditional IRA creates a decently sized tax headache due to pro rata rules
Exactly how I’m approaching it
I think that rolling over gives you wider choices than leaving it in a 401k. Certainly the expenses may be lower in the old plan. But more choices and the ability to fine tune the allocation and beneficiaries make it worthy of consideration.
401k. Less investment options. Lower fees (maybe), megabackdoorroth conversion options.
IRA all in one place. Some banks give you better service with this sort of level of AUM, all accounts in one place. More investment choices.
I think your on the wrong site for a question like that. Lol
Depending on age and not with company any longer :
1. Can’t get 401k loan
2. Traditional IRA is easier money access
Taxes would be the same .
Thank you all. This has been really helpful. I have a few follow up noob questions
1) if I roll over to an IRA, can I say trade the funds ?
2) Since trump is allowing folks to take up to 100k from their 401k without penalty and spread taxes over 3 years, would it make sense for me to take 80k out if I can get around 14% return annually?
14 percent? Maybe one year but annually? I don’t think so!