Dumb newbie question regarding Roth 401k rollover. I've never done this before.

Got new job with Roth 401k setup. I'm wondering what the advantages and disadvantages of rolling over vs not (other than the obvious extra mess and management).

Is there a time limit after which I can't roll over? Are there any fees or costs involved with either decision?

My old Roth 401k is performing well and I kind of want to be lazy and just leave it be. I won't be doing anything with it for 20 years anyway.

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

Perfectly fine to just leave it. I would just merge them together somewhere if you leave your new job. I can tell you from experience, it is actually pretty annoying having 3-4 401ks in different accounts.

helpful

Thanks

You should merge them together or just put the old 401k into an Ira if you have one.

helpful

Not if it’s a rollover

New job is a huge pay bump. But 401k is not as good. I also may only be here for 2 or 3 years.

Maybe next job I can then roll over and merge all together?

I honestly just want to concentrate on doing my work. I picked a couple of good funds and am maxing out contributions. But I want to be passive about it and just let it go for several years.

Related Posts

Recent graduate with Bachelors of Health Science in Workplace Health and Wellness. Currently working in a Healthcare job but as a client service coordinator. Really would like to get a job in my field. If anyone has suggestions/recommendations please share. Within GTA would be great if not, remote anywhere works.

It's more like 25% of your highest paying year but there are many variables. But there are more wealth accumulation vehicles besides the pension. Plus health care.

like

How do you find firms/books of business to buy? All the posts on here are buyers looking for sellers. Where do you go to find someone looking to sell or retire?

I am sick of being a realtor! I've been trying for 5 years and have only sold 3 houses. Where I'm from (small Southern town) nobody is buying. Most people's families already own homes and it's just a bummer to see all these nice houses deteriorating over time.

like

Is 7 hours of sleep everyday enough to rejuvenate and get all the benefits of a “good night’s sleep”?

like

What is the average employee health and benefits account manager making? I have 7 years of experience in Employee Benefits.

like

Which company allows you to take the most maternity/paternity leave? What's the longest you've heard someone from your company taking

likesmart

I retired from teaching in an online Bachelor of Science program after six years last year. Also, I have 12 years of hospital and managed care case management. I have three years writing appeals for denied hospital claims. I decided I do not want to retire. I am looking for a new opportunity to work remotely. I have attained a Master of Science in Nursing Education. Please hire me!

like

Has anyone gotten any kind of comp package involving crypto? I know some companies now do some forms of that or allow employees to take certain amounts in it.

likefunny

Any working mums in here? Please provide advice for a new mum who is about to go back to work after maternity leave, it’s a new company, bigger salary and a great financial services brand! But I feel so guilty being a new mum, how did you guys do it? Any responses would be greatly appreciated.

like

Looking for TAS Healthcare experienced Senior Manager looking to build their own team, have a fair amount of autonomy and plenty of PE/corporate buyer clients/referral sources day one

like

Any expecting Deloitte moms here? What insurance plan are you getting? I’ve been on husband plan but wondering if I should switch this coming year!

like

Over 12 years of experience in Healthcare vía administration, any ideas or suggestions to transitioning over to becoming a consultant?

like

Has anyone transitioned from bedside/patient facing healthcare to clinical research? I am looking at making the switch and would appreciate any insight!

What benefits, perks, and other work life balance things would you like your firm to have in an ideal world?

Hi everyone!
I was looking to enter the healthcare consulting sector, but have almost no one to guide me towards the same. I am pursuing a Biosciences and Bioengineering degree. Any advices? Thanks!

like

Has anyone known Partners who essentially retired in their mid-40’s? Are they happy? What kind of nest eggs did they target?

likehelpful

Hi, does anyone know much about the benefits/comp/culture at Oliver Wyman Singapore and how it might differ from HK? Also, would like to know what are the main industries they focus on in SG (is it FS)?

like

Hey all ! Need some guidance . I am planning to buy 2bd ,2ba in Atlanta near grant park , Inman park , reynoldstown , cabbage town , OFW area . Budget is 250,000 to 350000. It is more from investment purposes than anything else . Also my thinking is that buying place near belt-line will promise me better returns . First timer, on h1b and a female (single and no family ) if that helps . Need some guidance on my thought process and also referral on a real state agent

like

More Posts

Which data science course would you suggest?
1. Scaler Data Science
2. IIITB course and John Moore University
3. BITS Pilani DS course
4. Leave these course of PGD and go for MS altogether.

Currently having an experience of 2 years and 4 months with experience in Data Science, currently working as a Business Analyst at Axis.

Thinking of studying side by side and upscaling if possible.

like

who has the strongest or fastest growing ServiceNow practice? Deloitte, KPMG, or maybe a boutique?

like

Looking for a referral for Product Manager role in any reputed product based firm in Ggn or NCR?
Have pursued my MBA from Spjimr.

like

In @Emory (hometown, cheaper) for MBA. waitlisted @Haas for MBA/MPH. Strong application&interview, low quant GRE score. My guess is they want to see it higher but I dunno the odds/worth it

like

Need advice. I’m panicking. Missed deadline to respond to the Complain, for a matter pending in the Eastern District of CA. The deadline was Friday (1/29). Today plaintiff granted an extension to respond the Complaint. I’m filing a stip tomorrow in the am. I’m worried because the stip is clearly filed after the original deadline. This is my first time missing a deadline. Talk me off a ledge.

like

satan's expression 🤣🤣🤣

Post Photo
like

Throwing a party for nyc fish bowlers at solas, happening now, come through, Salsa Vibes dj at 10

like

Deloitte friends, are you out at work?

like

Do you guys completed GIP advance training. I am a new joiner and it is a mandatory course..I have gone through the material but it seems many pieces are missing and that's why not able to solve all the assessment questionnaire. Any one have dumps for the latest.please help

likehelpful
like

Looking for Indoor Toy recommendations for 3yr old boy?

like

Anyone notice a big dip in reach on Instagram last month? Our reach has been fairly consistent until November – dropped over 60%! Strategy wise, nothing has changed on our end, so curious to see if anyone else has noticed a similar drop.

like

Any plays today? PayPal, Microsoft, EBay, Tesla

Good bespoke suit tailor in northern VA?

like

Asking my friend to be one of my bridesmaids this weekend. Doing the others around Christmas. Should I have her wait until everyone has been asked before she posts on social media? Kinda seems like a weird rule unless that’s the norm now.

like

I’m in PwC US right now but looking to make the jump to the UK. wondering if anyone can provide insights to this or general career advice on moving from the US to UK?

like

Does anyone have a reformer Pilates studio recommendation in austin (preferably north austin but willing to drive) for a first timer?

like

What are some companies (big and small) working in interesting neuroscience/neurology related projects including pharma, med tech, ect.? How do you all keep up with neuroscience news to stay in the know?

like

Any thoughts on Airbnb closing/buying price. Currently valuation is at 47 bil. Uber 90 and Dash 60???

like

Is a business analyst a good stepping stone to product management? I assume the transferable skills of sourcing requirements and agile delivery are helpful but wondering if it’s enough to break into it.

like

Additional Posts in Personal Investment Chatter

Better alternatives to mint for understanding spending/spending categories over time?

like

I am looking for reliable property managers that help with buying and renting investment properties in the following cities. If you have had a good experience with any, please share.

Boise, Idaho
Atlanta, Georgia
Dallas, Texas
Orlando, Florida

like

Any online savings account recommendations?? Want to get a gist of what comps ppl are using. Please and thank you!!

like

Best investment book recommendations?

like

On personal Capital, how many of you add the value of your car to your net worth

like

If you were to attend a 1-2hr free financial seminar, what would you want to learn? I'm thinking of hosting a free financial literacy workshop that will actually make a budget and networth statement.

likeuplifting

Moving to Dallas soon. Does it make sense to buy a condo or house even if I dont think I'll stay there for more than 3 years? I have family there that can help me if I decide to leave and rent this property. Any thoughts? Just dont want to keep paying someone else mortgage. Also want to take advantage of low interest rates.

like

Any advice on the following investment mix? Late 20s, invested in funds mostly and not really looking at individual stocks. Long-term play and trying to maximize growth. Any of these duplicative, any I should specifically add/remove or consolidate? Thanks!

PS - Ignore the SPAXX

Post Photo
like

Is it a good time to buy first home condo for 300k chicago downtown now? 45k in HYSA, 31 single. Rest of my money went into gifting home for parents and edu loan.renting for 1700 per month

likehelpful

What are you doing with the money you are saving right now?

like

Well. ARKK is back.

likefunny

Hi all — hands off 🐠 here. My personal brokerage is currently 85% in VTSAX and 15% in VBLTX. Any suggestions on other funds to add in the mix? Was thinking some international exposure but not sure

like

Left KPMG last year to move to smaller consulting firm. I still have my 401k over there and haven’t rolled it over anywhere. What are my best options? Currently maxing out 401k

helpful

can I put 6k in 2020 roth ira now and 6k in 2021 or am i going to get smacked?

like

Anyone bullish on the marijuana market? CGC, aurora etc?

like

Looking to invest in some new stocks. Any recommendations? TIA

like

Does anyone have experience adding authorized user to a fidelity account?

like

Thoughts on a high yield savings account (~2.25% interest) vs a money market account (~2.5% interest)?

like

The general withdrawal rule for retirement is 4%. Do you think this is too low? I’ll probably still be working part-time, but will also collect social security after 62.

like

Any thoughts on where AMZN will be priced after the Q3 earnings call?

funnylike

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