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Hey fishes
A friend of mine has recently received an offer from Mastek. His only(primary) concern before joining any organization is the job security that comes with it. I would therefore like to know to what extent is one's job secure at Mastek? Thanks in advance...
YOE: 6 yrs
Offer: 19 + 1 LPA
Tech stack: .NET
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For sake of ease of management, might as well roll over. It’s pretty painless.
Chief
Never roll over to your new employer’s 401k. Always do a rollover IRA with your broker.
Deloitte 1 - Saying IRA without the tax status is dangerous in this context.
Rolling to a tIRA has a dramatically different consequence than rolling to a rIRA.
Rising Star
Roll over into IRA
Depends how much…
When I first started my career, I only had about $3k in there before moving to a new company with a new 401k partner. So I just cashed out and paid off some debt. Not sure if this is the best approach but it was a small amount compared to others.
If it’s higher than that, I’d recommend rolling it over to avoid any penalties.