Related Posts
More Posts
Anyone have a good source to learn sql
I have accepted Infosys Offer Letter . If I am not joining Infy and joins another company, then is there anything like Infosys remembers it and will not consider in its Future Opportunities saying "You previously Didnt join our Organisation after accepting Offer Letter , So we are not considering your profile ahead " (Something like blacklist).
Has anybody accepted Infy Offer Letter and Have not joined ...and later got another Offer from Infy after say 6 months or 1 year and then Joined Infy ?
Additional Posts in Consulting
Happy flight check-in day!
Has anyone bought an X-Chair office chair?
New to Fishbowl?
unlock all discussions on Fishbowl.




When you move assets to a new 401k plan you are bound by the investment options they have...which may be better or worse.
The best option is to rollover an old 401k to a Traditional IRA with an investment firm that offers a wide array of investments...MFs, ETFs, stocks, bonds, etc.
Vanguard, Fidelity, Schwab are top choice, but there are others. Consolidating your banking relationship with one firm you like will keep your management of everything easier, clean, efficient.
Pro
Rollover to an IRA. That’s what I did when I changed employers. Much better investment options than I was getting in my 401k
Remember if you don't have an IRA, rolling over to one will make you ineligible for backdoor Roth. I decided to keep my old job's 401k where it was to keep the option open for me
Meaning if you are above the income threshold to contribute to a Roth IRA, you can put post tax money in a traditional IRA and immediately convert it to Roth to get around the rule. If you have other money in a traditional IRA it get converted on a pro-rata basis (basically proportional) and you'll get taxed at your income tax rate.
Keeping it in a 401k and out of a traditional IRA prevents having to worry about that.