Left pwc a while ago and haven’t rolled over my 401k yet. Would you recommend rolling this over or opening up a Roth IRA?

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

Depends.

Rolling into an IRA allows for different investment options and you can consolidate accounts (assuming already have an IRA at another brokerage).

PWC’s allows you access to institutional funds that you wouldn’t otherwise have access to. If you like the options and that’s appealing - assuming fees are extremely low to nothing like KPMG’s - I’d keep it until you don’t.

like

Personally id roll it into a traditional IRA and wait for the market to drop a bit. Then roll into a Roth. Thats what I did earlier in the year and its worked out quite well so far.

like

Lots of discussion about this in the personal investments bowl

If you roll it to a Roth, you're going to be paying taxes. Roll it to a traditional IRA

Depends on whether your PwC 401k is Roth or
Traditional and its balance. If it’s traditional, you can roll to Roth or Traditional IRA. Which is best depends on the 401k balance and your ability to cover the tax hit. If it’s a Roth 401k, you can only move to a Roth IRA I believe

I have a 401(k) I left with my old firm (large regional). The investment selections are great and the balance isn't that high. It's consistently beat out the return of my current 401(k) and my IRA, so I just leave it put.

FYI at PwC you will get a service fee in October 1 if you are no longer with the firm anymore

Depends. If roll into traditional 401k, no taxes now, but investment options are relatively limited. If roll into Roth IRA, you pay taxes now but has more investment options available. If you don’t care about investment options, you can probably do traditional 401k to avoid the tax for now.

Related Posts

Not too many Oracle SCM cloud consulting openings out there.. especially in Canada. Any leads anyone?

like

New to Product Owner role.

What is the max salary product owner can get in Canada! And what are the factors that determine the salary for product owner

likesmart

I’m loyal to delta, but I’m moving to a city where American is the main hub and Delta has practically no non-stop flights to/from there. It’s time for me to open a new credit card, so I was considering the Citi/American one. Any thoughts?

like
likeupliftinghelpful

KPMG can anyone please refer me for AML KYC profile we have openings please

like

We’re hiring Melbourne - account executive. Get in touch.

like

Hello everyone.
Hope you're all doing good.
I appeared for the interview for KPMG GS for the role of Associate Consultant.
So far there has been an online assessment, round 1of interview with assistant manager, round 2 of interview with the Manager.

Are there gonna be more rounds of interview..? If not, what is expected timeline they take to make the final decision..?

Thanks in advance.

like

Hi All,
i have an offer from IBM(10.7lpa fixed location- Mysore) and Wipro(11.4 fixed location-bangalore) for java developer position, which one is better? any suggestions would be helpful.

like

Looking for remote working opportunities as a Business Anlayst or Product Owner. Have 5+ years for work experience as a Business Analyst/Product Owner post MBA.
Please share any possible openings or referrals.
Thanks !

like

Was offered 90k for a CD position in Brussels. Is this a good offer? I mean, I wanna do it because I want to live in Brussels but I know taxes are brutal there. Almost 50% of my income is going away

like

Thoughts on director level role in big hospital chains?

Hello everyone, I'm trying to get into real estate investing. Some of the books I've read have talked about buying a multi unit property and utilizing investors to get the necessary capital. Does anyone have experience in getting investors? How do you identify investors who may be interested? Are there any sites where you can invest in or post investment opportunities?
Thank you in advance.

like
like

Share your resume at helpacenreferral@gmail.com for Accenture referral in below skills.

Post Photo
like

Anyone has any credible info on Stream space ICO? Apparently they sold 48mil coins and do you know how can an American can participate in this ICO?

Fishes, Help me to choose a workplace for me. Nagarro - 8lpa (7.25 fixed )
Quantiphi - 10.5lpa ( 9.5 fixed )
Awaiting offer from Deloitte. ( How much can I ask ? )
Yoe : 3
Skills : Automation Testing.
Please comment on Job Security, Growth,wlb, benefits and other things .
Tata Consultancy
Deloitte
Nagarro
Quantiphi

like

Anyone move over to a portco role at a more senior level? Positive or negative experience?

like

I recently bought my 1st home in TX. I want to get into real estate and eventually own/rent out multiple homes. Are there any good recommendations/tips on books/articles/websites that others have used to get started?

I've read about HELOC and cash out refinance to get a 2nd home but articles are so scattered that it gets confusing which is better in terms of tax benefits and immediate costs, etc. Anything others have found helpful that summarized how to get started would be great!

like

More Posts

Any BCG Platinion Cyber folks here?
What kinna work do you guys do? Planning to make the switch after 5 years with Uncle D. Wanna hear from you guys about culture, projects and areas of expertise.

like

Switching to PWC. Is this a good move? 30% hike. Currently in tech consulting(big4) to Risk Consulting- DnA (PWC). Yoe-3yrs Cctc-10lpa Pwc EY KPMG Deloitte PwC How is risk consulting in Pwc

like

Sunday 9/4 Check In 🙌🙌 What’s everyone up to today?

likeuplifting

Yup. Good rainy day…gaming with kitty

Post Photo
likeuplifting

Anyone has used hydration pills to get through fasting? Is it helpful?

like

Salaams!

Anyone hiring Program Managers (Technical or Non-Technical) or Engagement Managers? Currently with Big 4. Please let me know!

YOE: 6-7
Location: Washington DC area

like

Have a really good relationship with current company, but got an amazing offer and very likely gonna leave (signed the offer, waiting for all the background checks to come back). How do you tell your boss you are leaving the company (if boss is not a dick lol) and not ruin relationship?

like

I'm on a beach in Florida and a guy walks up to me and is like "you're from Texas, huh?" And I'm like "yeah, how'd you know"? And then I realize how he knew...

like

So Houston or Dallas?

like

Anyone living in Pune Hinjewadi area, need help regarding flat.
Can u please tell me society names which are good and have rent around 15k for 2 bhk

like

Why are read only documents called “riders?”

like

Are there any search firms that specialize in placing tax associates?

like

Does anyone have any recommendations for where to get a made to measure suit in Dubai? Would need to keep prices below 5k for a 2 piece.

like

Are the new wage requirements applicable if you move offices within the firm you work for?

like

Who has seen the viral flying Tesla??🤣🤣🤣

likefunny

Anyone hiring AE’s in Detroit? I got laid off for the first time ...

like

Unreliable coworker help - There’s a coordinator on my team who assists me and the other strategists but literally every time I ask her to help with something she says yes & then waits until the last minute to tell me she wasn’t able to do it/makes up an emergency excuse. Trying to be understanding but this is getting ridiculous- she/parents/dog/boyfriend are sick (8x), forgot about another urgent project (10x), WiFi is down or power is out RIGHT when I ask for help (5x).

Continued in comments

Will you be going back to the office on a voluntary basis when your office opens?

Paypal friends, help me out... With 4 yr YoE and Data science Tech stack... What package should I ask.. my current is 14.8 lpa fixed

like

Additional Posts in Accounting

If a train is delayed, how much is timeliness worth, for you? A $20 uber? More or less?

like

Anyone experience not working well with managers and up (due to micro-management, talk to you like a child, etc), but find them cool outside of work? Finding it hard to hang with them during HH now.

like

“If you have any questions or concerns, please advise.” I’ve heard this used by multiple people now. It doesn’t sound correct to me... Like how can you “advise” if you have questions??

like

FAANG is now MAMAA (Meta, Apple, Microsoft, Amazon and Alphabet)…Whoa Mama! As if there weren’t enough acronyms in our lives. Happy Friday All!!!

funnylike

26 y/o JD, CPA, CFP --- what are my odds landing a career with the FBI?

like

I don’t understand how people keep posting about the bench and being unassigned. I’m in advisory(not audit) and my entire LoS is trending 90%+ utilization

like

Anyone else feel like their eyes are dry when they drink 5hour energy?

like

Arby's or Taco Bell? I'm struggling to choose and I'm getting hungry

Tips on how to start an upward feedback conversation? The SM on our job is making the team miserable. Not a bad guy, but I think we will all benefit from him being made aware of the team's concerns

like

Just found out a significant number of compliance and R&D tax seniors in the Philly office are planning to quit in October if their raises aren’t substantial. Should I tell someone?

likefunny

Are you looking to transfer into Deal Advisory - Financial Due Diligence? PwC is hiring qualified candidates at all levels. DM me if you’re a qualified candidate (at least two busy seasons in audit or prior FDD experience) from a top 10 accounting firm (plenty of open positions nationwide looking to get filled ASAP) and I’ll try my best to help you. Please do your research into FDD prior to reaching out.

like

How important are social skills in PA? And has yours improved over time as a result of working in PA?

like

Financial advisory seems so dull compared to cyber . I should have done cyber from day one smh 🤦‍♀️

like

Up for promotion this year to manager, it seems that EY and Deloitte already announced no bonus? Guess promotion freeze will be next?

like

For those of you that make at least 300k total comp, what service line/industry are you in and how many years did it take for you to hit that?

like

I love my job, idk what you guys are complaining about...

like

Best advice I've heard to ensure you get through busy season: Don't get drunk at company outings.

like

Our team was about to get a new manager but when an exec mentioned her name to the client, the client said she heard bad things about her and would prefer them not on the team. Anyone hear of that b4?

like

Is the CPA designation worth it? For me it would take me 1 year of PREP courses and 2 years of PEP until i can write the CFE. And I am 27 years old right now. Also wondering if it would be crazy to pursue the CPA while learning how to code to be a developer as well?

like

What are some exit opportunities for the Tax, Technology, and Transformation group at EY?

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