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Any Aon pension actuaries who could help my friend understand the hierarchy of titles? Let’s say my friend has 10 years of experience, FSA and EA credentials, was a consistently high performer over his career, what would his expected title be at Aon within the core retirement actuarial business? Thanks in advance.
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I'm new to investing :
2 questions
1 - where should I invest my Deloitte 401k in ? Is the vanguard institutional 500 index trust a good place to just put my 401k and forget about it.
2 - I recently opened a fidelity account and have savings I want to invest and want to invest a small percentage every paycheck without worrying about trading it . What's the safest place to invest in and not worry about it for the next 10 years ? VOO? QQQ?
Deloitte KPMG PwC
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Your accountant would know better, but I’m pretty sure $6,000 is the limit for new annual contributions. I’ve never heard of that limit applying to money rolled over from one retirement account to another. Especially if you’re moving funds from a Roth 401k to a Roth IRA or a traditional 401k to a traditional IRA, this should be a pretty seamless process.
Yeah you’re right. I guess I could rollover 401k to IRA, but then still need to find another way to contribute going forward. Trying to find a way to contribute with high limit.
Pretty sure you can roll over as much as you want into a Fidelity retirement acct with no penalty, agree w above comment on limits being for new contributions
I was going to say an IRA but I think your accountant might know best
Roll it to an IRA, the LLC seems unecessary
True, but I’m curious if there’s not extra fees involved during it that way. You could always just invest in a taxable account to supplement as well
Scroll a few paragraphs down: https://finance.zacks.com/rollover-roth-ira-count-toward-annual-contribution-5036.html