@ Guidehouse ppl - I left the firm a year ago but left my 401K funds w my old Transamerica acct w GH. Now GH is bought by Navigant & Transamerica said my contract is ending..will I lose my 401k $???

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

GH bought Navigant, not the other way around. We are switching from trans America to Fidelity so that is why your account is being closed. You should roll it over to IRA or your new company 401k

like

You def don’t lose it. Roll it over to an IRA. Fidelity will be glad to help you do it. Or you can probably leave it there and it will go from TA to fidelity. But you definitely won’t lose it.

likehelpful

You definitely won't lose the funds as whatever was vested is your money. As others have said there should be clear directions as to next steps. You probably need to roll it over or provide info for a transfer to a bank account. If no info is provided they will probably mail a check to your last known address.

If you accept a bank transfer or a check make sure you reinvest in current 410k or am IRA asap (there is a time limit) or face steep penalties.

like

Make sure you read up on timelines carefully. If you are too slow, the funds might be returned to you as cash, which would incur taxes and penalties.  for 90% of people, the best option is to roll the 401k into a vanguard IRA

like

Wouldn't say 90% of people. If you're doing Roth conversion now or intl the future, your tIRA amount becomes subject to pro rata rules even if you don't roll over the entire amount.

Related Posts

Hey guys

I have 2 offers to choose right now one is from Capgemini and 2nd is from mid scale Excellarate. Pls help me to choose better one overall. Also what kind of insurance or medical benefits we have in capgemini they gave me c1 band. As like wipro can capgemini change its pay in future?
First ss of capgeminire in of offered ctc is below.

2nd from Excellarate in comments.

Tech stack Reactjs with 6.6 yr experience.

Post Photo
like

How much stock do you put on benefits? I have two offers with stark differences in benefits. Job 1: role I want, but benefit sucks (2 weeks paternity leave, 20% coinsurance). Job 2: role is okay but higher level and great benefits (16 weeks paternity, 0% coinsurance, 5 more days of vacation). Total comp is the same though. I wonder if I should just focus on role but Job 2 is a large company, so I can move around after 2-3 years I’d expect. Thoughts?

like

If you loved your small independent broker dealer but they had just been acquired by a much larger corporation which does have benefits in terms, mostly, in technology, but you lose your “family” in the home office, what would you do and who would you look at if you were considering a change of your own?

like

Is anyone aware if we are eligible for pension component?? I know D does have for Core Consulting model.

I want to sell my house but there seems to be water damage and I’m worried someone will lowball me, what should I do?

like

I am currently unemployed (but looking) an opportunity to consult has potentially fallen into my lap. Before I shut it down for a lack of experience, I want to know if it's something that I can even do. It's a very very small company, not even 3 FTE. But they are looking for someone to come in, create a Handbook(I can do that), provide benefits, etc.

Is that difficult to implement? I can't imagine it being so, but I don't want to set myself up to fail.

Hi All, I am working as Consultant in Deloitte USI since 3+ years and now wish to make a change.

I got an offer from BNY Mellon for 28 LPA for Senior Associate 1 position as a Backend Developer. Is BNY a good company considering I am already working as a Full Stack Dev in Deloitte ? Please help and also plz add some points related to benefits, work life balance, quality of work, etc.

like

Does EY let you keep Amex rewards points?

like

So BDO doesn’t match 401K until 1 year of service..?

like
like

How much should I invest in buying a HOME as my primary residence.

Current TC: 200k
Net worth: 300k, readily available 170k in stocks, hysa and cash
Current rent: 2000 per month
Age: 30

Wonder if anyone has any excel model or a rule to determine how much I can afford or should go for?

like

Anyone used/using HMBradley before for HYSA? They have a 3% rate which seems unreal in this economy. Just want to make sure it’s legit. It’s seems HMBradley is the marketer for Hatch Bank (FDIC insured). Any other recommendations for HYSA?

like

Can anyone share what are the usual components of a flexi benefits basket and to what max amount can you utilise them.
Eg. Communication fuel etc

like

COMPENSATION THREAD

What is your compensation? How much of it is VC, how much fixed? What benefits do you have?

Please share also year of experience, country of work and area of interest 😉

like

Love how BS credit score is. Got my score up to 800 last month only to go on vacation so my credit utilization went up to 8% due to the increased spending and my score dropped 35 points because I didn’t immediately pay the balance after charging the purchases. I always pay my balance in full each month and have never missed a payment, how is 8% credit utilization determined to be that big of a risk that my score got immediately wrecked, I don’t understand

like

Can someone recommend affordable health insurance? I left the firm earlier and am expecting a gap of medical coverage until I find a job. Currently not actively seeking either...

Does anybody have connections or a referral for any remote sales job? I have a SDR/BDR experience. I am mainly looking to cybersecurity or healthcare industries, but I'm open to any other industries as well.

like

Any pointers on the best UK credit cards to get?

(Context: I'm a Londoner moving back home after 5 years in NYC)

like

Not sure if this is the right place to post this but who do you all use for financial management/financial advisors? My stuff is getting a little complex with some real estate and retirement accounts.

like

More Posts

Which companies have a data annotator position?

Hi guys, I have total 15 years of Business Analyst experience in IT industry. I recently joined TCS with a salary of 24.5 lacs as an Associate Consultant in my hometown. Lot better thn my previous package in DXC - 12 LPA. Am I placed as per market OR should I be looking for more?

like

My ex and I have trouble remaining broken up. We’ve broken up over 9 times (9 times!). It’s dysfunctional, but we generally love being around each other and it feels comfortable. What to do? (Cont)

like

Unusual challenges expected with online arbitration?

like

Going to Charlioftsville next weekend, any wineries, restaurants, breweries, hiking etc...to do there during COVID. Appreciate your insight!!!!

like

In Vancouver for the week. Any interesting thing or activities you all recommend?

like

Been using HMBradley since February and very happy so far. Getting 3% as advertised.

Post Photo
like

Capital gains tax rate - I know there are diff rates (0/15/20) depending on income threshold but is the threshold based solely on “earned income” (i.e., wage)? For ex. if I quit my job and hv zero earned income and sell my stocks with 5M gain in the same yr, there would not be any capital gain tax?? It doesn’t seem right but is that the rule?

likefunny

I got a job offer but it's 3k less than the low end of my happy range. But there will be a review in 6 months with the potential for a raise. I'd rather start at the low end of range. What is the best way to ask for that??

like

I was just offered a sales consultant role at a spirit’s distributor 65K with potential to make 75K if I meet goals etc. My dream job @ Red Bull, Similar role but way more fun around the same range of $$ possibly slightly more ..am still waiting to hear if I made it to the final round. I have until Friday to respond and Red Bull said they would let me know IF I made it to the final round by Friday.. should I reach out to Red Bull if I have not heard by Wednesday that I need to make a decision?

like

Hi! Recently discussed an associate graphic designer role with a recruiter. Is it reasonable to expect an 85k base in NYC? Am I underselling myself? They started with it being a 75-80k budgeted position. What are typical base salaries for someone with 4.5 ttl YOE? Does it matter that 3 YOE was in an adjacent industry?

I got an offer from Aptiv for $100,000 + 5% annual bonus + $2,500 signing bonus. This is a new grad role for Algorithm Engineer located in Los Angeles, CA.

I'm thinking about negotiating but I have no idea how to do that. Can anyone give me any tips? Or any feedback on how good/bad this offer is?

like

BCG vs Deloitte. Could you comment on the work life balance differences between the two in toronto / Canada.

Any McKinsey consultants in the Provider Improvement domain here? How’s WLB? Still remote? How many hours per week are you working?

like

Hey hi fishes, I am looking for a new job in Computer Vision domain. I have 3+ YOE in the same. Can someone refer me if possible? I am open for remote jobs

like

What are good product base companies in india planning to keep WFH? My current company is asking all employees for WFO at the Mumbai office. So I am looking for other options as well.

uplifting

Dating a girl with Barney's discount #winning

like

How can I turn around a bad impression at work?

like

Additional Posts in Consulting

What’s everyone’s 401k balance? I’ll start. 20 years saving and have 650k.

likefunny

Got an offer from KPMG Financial Services Capital Markets? Any thoughts on Work Culture, Project Pipeline etc? Hoping to get into Tech Consulting space. Thanks.

like

Headed to bschool and considering Brand Management at a CPG company. The thing is, I already make ~$100k and with Brand Management salaries starting around $105k, it seems like a horrible ROI. Thinking I should just stay in consulting. How would you look at it?

like

BCG folks, I hear rumors of layoffs happening given the slow pipeline. Is it true?

like

how long do I need to be with a firm before I can start looking to switch firms lol

funnylike

Today is a huge struggle. I want to do nothing. 😢

likehelpful

Quick way to dry clothes without a dryer? Flying tomorrow and my dryer decides tonight is the night to kick the bucket. Leaving tomorrow and my all my work clothes are wet

like

Making a huge mistake at work today and I haven't been with the firm for a year yet. I feel extremly horrible. How do I rebound from this? Crossing fingers I am not getting fire/layoff

like

Can any PPMDs chime in on the comp statements? For the most these are terrible increases. Do you guys & gals agree with what the firm giving your main resources? I don’t understand how it makes sense to have people leave and you pay the incoming people more, as well as, spend more time and money in training them. Just trying to understand the rationale. Wouldnt it make more sense to keep your people happy?

like

One thing I hate winter the most is I have to wear so many layers and it’s like a thousand pounds of weight on my shoulder :/

like

Does 401k count as savings?

likefunny

After getting kicked out of McK late last year, this gives me schadenfreude 🤣

Post Photo
likefunny

If I get laid off, I have a previous colleague that started a cybersecurity company. I would love to get involved on the business side of it. Any pointers on skills that are attractive in this realm for a startup? Would be mostly (if not all) federal defense contracting clients. I’m currently in Deloitte’s cyber risk practice but my background and passion is in accounting and finance, and business operations. Graduated in 2017 so still early career.

like

When scatterplots and utilization metrics have u down, then you talk to your fav PPD and she's like girl I got u 🎉🎁🎂

like

Is MBA from a top 10 B school the only way to get into MBB.. any tips on how people made lateral move from big 4 to MBB

like

Will companies know that you got laid off if they do a background check?

like

I have two weeks off. Not traveling due to COVID. Ran all my overdue errands and am cooking a ton. What else would you do? How would you pass the time?

like

When calculating YOE, if you are working 2 jobs, can you double count those years? For reference, I’ve been an Army Reserves officer for the last 5 years since coming off active duty, and spend about 30-40 hours per month (outside of 2-4 week annual training) on that job. So it’s not like driving Uber, it’s a high stress/very involved job. Technically I have 7 years Active Army + 5 years D + 5 Years reserves if I count them. Don’t know if there’s any practical reason just curious peoples opinion

funny

Insurgency Sandstorm on Xbox Series X might be the best FPS I’ve played

like

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

Scan your QR code to download
Fishbowl app on your mobile

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