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Hi everyone!
Debating between an offer from 200 employee company vs Zoom (the company).
The smaller company has good benefits, great wlb and a great culture per Glassdoor reviews. But its an HR software and not easy to sell.
Compensation is similar.
Never worked in a big company like zoom before, what are the pros, and the drawbacks?
Zoom
Decided to payoff my mortgage.
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You can’t move your current 401k to a new provider. You old 401k can be left at old employer if allowed, rolled to new plan or rolled into an Ira. Is your old 401k Roth or traditional? If Roth, roll it to an IRA. If traditional, an Ira is fine as long as you don’t now or plan to use a backdoor Roth IRA.
That’s a good idea - but in the meantime I’ve been doing Mega Backdoor in after-tax contributions converted to Roth, so I don’t feel I’ve been missing out for an extra $6k in Roth.
Hard to say, but limited options may be a reason to keep your old one where it is, or roll to an IRA (understanding you could have to do pro-rata in the future for backdoor Roth IRA contributions). Doing an in-service withdrawl to get your funds out of principal to an IRA isn’t very common, I don’t think.