For people moving from PwC to EY. Do you roll the 401k and wealthbuilder into EY? How about the existing amount in HealthEquity HSA? Thanks

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Yes you roll over your 401k and wealthbuilder. Once you join the firm, you will receive a package from Fidelity containing details on how to rollover. For the HSA, I’m unsure. I just used my HSA visa until it went to zero.

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There is a sp 500 fund

If you want to roll over your HSA, the new HSA provider should have a form you can fill out and send to healthequity for them to transfer the funds over. That’s what I did after leaving pwc

EY HSA is fidelity if that matters to anyone

For 401k, I would just right down account info. Like login info, since you would usually use a SSO. And I think there is a PIN number as well. I didn’t have my pin and couldn’t access the account and it made it like 5x longer and harder to roll it over. For HSA, I don’t believe my healthy equity could roll over to fidelity, but you can have the account open and run it to zero. Just need to report on independence for EY

I made the move 18 months ago. The advice from independence at the time was that the PwC 401k and Wealthbuilder had to be rolled into the EY sponsored Fidelity 401k - or - an IRA that participates in the broker feed program. I wanted to use some funds for investment in non-traditional assets and received permission to put some in an alternative-asset IRA (non-broker feed, but not relevant as they weren't stock investments). You have to exit the Health Equity HSA, same rules there..roll into the EY sponsored Fidelity HSA or another HSA participating in the broker feed program. The Health Equity roll to Fidelity HSA was the most seamless part.

Additional point to note: the fund choice in the EY 401k is considerably better than what was on offer at PwC...

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