{ "media_type": "text", "post_content": "Left the previous firm, should I rollover to current firm’s 401k or rollover to my Roth IRA? (Currently has contributed $2k so far) would the amount (8k) rollover to my IRA exceed the $5500?", "post_id": "5d79b7e0a6872c00243d44cb", "reply_count": 4, "vote_count": 0, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

You are currently posting as works at KPMG

Left the previous firm, should I rollover to current firm’s 401k or rollover to my Roth IRA? (Currently has contributed $2k so far) would the amount (8k) rollover to my IRA exceed the $5500?

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You are currently posting as Deloitte 1

I would roll to Roth because you can invest that in anything, rather than whatever arbitrary funds (and fees!) are in your new employer’s plan. The rollover doesn’t affect annual contribution.

1 reactions

You are currently posting as EY 1

But if you roll over to roth you’ll have to pay taxes, so make sure you can cover that

1 reactions

You are currently posting as Deloitte 2

The other obvious option would be to roll to a traditional IRA. No tax due. And no - rollovers to an IRA (whether traditional or Roth) do not count toward annual contribution limit. the limit is 6k this year, indexed for inflation so they occasionally adjust upward.

You are currently posting as Consultant 1

If you roll over to traditional and want to do a backdoor Roth later it’ll complicate things due to pro rata. I’m actually in the same boat now and need to figure out how I want to handle things.

You are currently posting as works at Accenture

Is our 401k match with Accenture on a vesting schedule? Can't find this information on the live well website

1 reactions

You are currently posting as works at EY

Only 42 more years until I retire!

18 reactions

You are currently posting as works at Deloitte

Where do you guys invest your savings apart from 401K? Need some good investment options

3 reactions

You are currently posting as works at Deloitte

Tell me more about Deloitte pension?

You are currently posting as works at Accenture

I'm 22 and I think I'm ready to retire.

77 reactions

You are currently posting as works at Strategy&, part of the PwC network

Other than contributing to your 401k and IRA, what other long-term investment options would you guys recommend? Any specific ETFs or index funds?

You are currently posting as works at EY

Where's my 401K match?

You are currently posting as works at Boston Consulting Group

I've seen various threads where people (some big 4?) have referred to their companies' pensions. Can someone explain this to me? Why would anyone in this day and age offer pensions (versus 401k etc)?

3 reactions

You are currently posting as works at Deloitte

What age are you looking to retire?

1 reactions

You are currently posting as works at Deloitte

What happens to my 401k when I leave? Is there a form I need to complete to move out of the employer-sponsored plan?

1 reactions

You are currently posting as works at PwC

If I had a dollar for every time I heard __________ in a team meeting, I would be able to retire from consulting...

3 reactions

You are currently posting as works at EY

Can anyone direct me to a source where I can learn about the 401k program. I'm 7 months in and haven't started yet but I'm also about to get married and I don't know if I want to lose from pay check.

You are currently posting as works at Morgan Stanley

Excluding 401k, how much savings have you accrued since starting work (and when did you start)?

4 reactions

You are currently posting as works at EY

AA needs to retire the Embraer 145. No first class??

4 reactions

You are currently posting as works at Accenture

BCGers: do you get a 401k match beyond the PSRF? If so, how much? Asking for a friend

2 reactions

You are currently posting as works at Manager

What's the 401k rule at PwC if you leave before completing 5 years? Do you not get employer contribution at all or just some % of it?

You are currently posting as works at Senior Associate

People on work visa - do you guys invest in 401k? It makes sense if you are going to stay in the US for whole life but what if you are not sure about..?

You are currently posting as works at Deutsche Bank

Apparently when you retire from the NBA, you start a VC – nicely played Kobe Bryant, nicely played.

6 reactions

You are currently posting as works at Consultant

Anyone who is using the vanguard 401k: anyone have a good investment mix? I haven't checked mine in 6 months, checked mine today, and my return over the past year has been $12............

You are currently posting as works at Deloitte

any deloitte boomerangs? What's the deal with vesting, pension, etc? Is there a point when you "restart" tenure, etc?

3 reactions

Additional Posts

You are currently posting as works at Merkle

But once again not posting

5 reactions

You are currently posting as works at Betateam

Testing a new post at 12:06PT 5.12

1 reactions

You are currently posting as works at Belarus

Hhjjndjjffjjddjdh dndbbdndjjdjdndnnf dndbdhjxjdjd djdjhdjdjdjhdjndndndjdjdjdjjcncndjdjnd dhdjhdjdjdjhddhhd ghhhhhhh ghbbbbb fghhhhhhbh cvhhhhhhbhbb ghhbb. Hjnxnxndbd vsbdbddbbxbdbbd dbdhdhdjjxndnbdhdh

4 reactions

You are currently posting as works at Belarus

Post without company

1 reactions

You are currently posting as works at Merkle

How does this sound?

1 reactions

You are currently posting as works at iTechArt Group

14:36 gmt 😀

You are currently posting as works at iTechArt

test post from test

1 reactions

You are currently posting as works at Pixable

Ah now it did.

1 reactions

You are currently posting as works at Deloitte

When you're #1 on the upgrade list and you don't get upgraded🙄

24 reactions

You are currently posting as works at Accenture

Resignation letter sent! Going back to school to get my PhD. Consulting was fun, just not what I wanted to do long term. ✌🏼

195 reactions

You are currently posting as works at Accenture

I drive 3 hours a day, but don't get a travel per diem cause I'm still "local" da fuq is that

13 reactions

You are currently posting as works at ZS Associates

How many people are actually on Fishbowl? Upvote the thread and let's see how high this ticker goes. Guesses in comments.

678 reactions

You are currently posting as works at Accenture

Any idea when Accenture pays out hot skills bonus?

2 reactions

You are currently posting as works at Partner

Do you have a permanent boss that stays with you through different projects or does your boss change based on project hierarchy? Also, which would you prefer if you could choose and why?

1 reactions

You are currently posting as works at Booz Allen Hamilton

Here's an idea: utilize the bcc line when sending mass emails. Congratulatory responses should be sent to those that deserve it, not the entire distro list.

28 reactions

You are currently posting as works at Consultant

Amex rewards is not as well as cards like Marriott or Citi AAdvantage. Isn't it better sometimes to use your card for expenses, but report it correctly and be reimbursed?

1 reactions

You are currently posting as works at Consultant

Talking to Deloitte federal about an opening, but I hear a lot of people here warning to stay away (low pay, not very fast pace). Would it be wise to join Deloitte federal, then try to switch later?

1 reactions

You are currently posting as works at Accenture

What's the most absurd thing an analyst has done on your teams? Looking for some laughs.

61 reactions

You are currently posting as works at Accenture

So thankful it's a remote week #compensatory

10 reactions

You are currently posting as works at Accenture

Are you in a practice/industry you enjoy? Was it by choice or forced?

2 reactions

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Left the previous firm, should I rollover to current firm’s 401k or rollover to my Roth IRA? (Currently has contributed $2k so far) would the amount (8k) rollover to my IRA exceed the $5500?

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