Fellow PwC’ers who left the firm: what did you do with your 401k / WB funds? Leave at PwC and pay the annual fee, or roll it over into IRA? And why?

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How much is the fee? I wouldn’t want to do an IRA because I do backdoor conversions to Roth every year and having pre tax contributions in a traditional would make that no longer a benefit

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Roll over 401k. Make sure u do it in 45-60 days else there is a charge for it I don’t remember how much.

WB is a mirage given its vesting schedule. Nevertheless I moved whatever there was into a IRA

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Depending on where you go, you may be able to roll over into new employer’s 401k, and then still be able to make backdoor Roth contribution

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$55 seems worth it to be able to continue back door roth. Otherwise the best bet is to go into next employers 401k

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Rolled over, but I was going from S& to Deloitte, so I knew there would inherent independence conflicts to keep it at PwC.

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Rolled over to Schwab... many more investment options

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Roll over to fidelity - lot more options to invest without any restrictions.

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Rolled over to schwab

Annual fee = $55, which is nothing - thinking I might leave it until I figure out this whole ‘retirement’ thing

Always roll it over. It’s much easier to keep all of your retirement accounts in one place. My wife has 3 401ks with three different companies and it’s a pain in the ass

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