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What’s a female cat called? 🤔
Got a week off next week but nothing planned 🫠
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I just went through this. I ended up combining in a rollover IRA. Primarily because there are more investment options in the IRA vs old 401k. I also prefer to have it all in one place. Here’s good article about it.
https://www.investopedia.com/articles/personal-finance/071715/8-reasons-roll-over-your-401k-ira.asp
Chief
Perfect - thanks!
I have never rolled over from 401k to IRA because then you'd lose protections. IRA can be raised more easily, 401k has more protections against creditors.
Rising Star
May depend on your previous employer. My last one made me convert it to an IRA, but the previous one didn't.
D2,
I think what you're talking about is when the total is under $5k(?) they can forcce-convert to IRA. Above that amount, you get to choose.