What happens to the funds you're invested in if you roll an old employer's 401k into your current employer's 401k? Is your current 401k custodian able to continue keeping those funds invested even if they don't offer the funds themselves?

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

No they liquidate your old 401k when you roll it and the cash is invested in the funds you choose from the new 401k options

likehelpful

Related Posts

i’m at work literally stressed about $3.5k (spread across there states) and this is why i can’t stand state taxation.

how you gonna shut down a business license over $100?!

likefunny

Hi all, I am trying to DCA bi-weekly into Vanguard ETFs, (VO, VTI etc). It seems like Fidelity does not support auto buying of non-Fidelity ETFs. So I was wondering which of these options you think is best?

1. Open a Vanguard Invest account
2. Look for Fidelity ETFs that are similar to Vanguard ETFs
3. Use smaller brokerages like SoFi l, Robinhood etc.

I really do not want to manage nor be active. My goal is to log-in like once every 6 months.

Thank you all.

like

if you have your bachelors and a certification (cpa, cisa, cia) relevant to your practice. is it worth getting an MSA or Macc? benefits? also has anyone tried online MSA (I heard sac state was okay)

like

I had my first baby and now work 75%. I'm trying to decide whether to go back full time. I'm happier now, but my husband's in school for 3 more years, and my paycheck doesn't cover our bills. Wwyd?

like

Didn’t realize crypto had MLK Jr sales too! 🤑💰

like

Does anyone feel like these cryptos and short term real time pump and jump investments come at emotional and psychological cost? Money looks too easy and it gets frustrating when you just sold something that has been stagnant for days and the moment you sell it just skyrockets etc. just curious

like

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

like

Does anyone know how to roll options in Fidelity’s app? Recently moved from TDA to fidelity

like

Hi,

I'm an investor and a private lender and investor who can lend you the loan you seek at low interest rate, I lend money to borrowers nationwide (USA) and a few other countries overseas.

like

Good credit card to open? Thinking Amex gold - anyone have it and recommend? Or any others?

like

Hello All,

Can anyone please help me here.
I have made my tax payment in July 2022 but yesterday (15 Nov 2022) I receive an email that tax payment is due for assessment year 2022-23

I called to help desk and he advised to raise rectification request from Tax portal and update the challan number. I tried to raise request but need to upload some XML or json file there. I am not sure how to upload or modify that file.

Does anyone know what steps need to follow as I already made my tax payment.

like

Looking for an investment advisor who is 1) a fiduciary 2) has a CFA/CFP/CPA or some combination thereof. No exceptions. DC/Baltimore area.
TIA.

like

Hi all,
I’m keen to explore opportunities outside lab in healthcare/life sciences as either~> Market Research Analyst,~> Business Development Manager,~> Management Consulting,~> Product Manager
I have a PhD degree in Neuroscience (4+ years of experience managing multiple projects simultaneously, with 5 first author publications, 600+ surgeries on mouse brain studying brain injury and link to Epilepsy) 1+ industry exp as Scientist.Need some references or links who can help me connect to companies

like

Thinking about investing in a 3-4 unit building in Chicago (Jefferson Park, Avondale, Bridgeport, etc.). Is the upcoming winter a good time to do so?

like

When settling with a title company plaintiff on a subrogation claim, have any foreclosure defense counsel received settlements over and above policy limits? What is your typical settlement range? How has settling on your subrogation claim negatively affected your counterclaims against the mortgage lender if at all?

like

Okay guys give me a list of things to lower my taxable income. Make yearly with wife 200k.

like

Any info on the agency Heartbeat in NY?

like

@EYfishes what are the best resources to get details on EY fertility benefits and process?

Wrapping my head around the equity piece of an offer. Is the equity you are granted in dollars converted to shares right away? So if the stock goes up or down, the totally dollar amount in equity granted when you sign might not be what you actually get over the first four years?

like

More Posts

Make body transformation possible at 31? Used to be athletic, now drink a 6 pack and say ready to party.

like

Serching for Job .(any field but not in sales).
Expecting in IT sector
3yrs experience in optical cables.

like

Is anyone interested in taking over the lease for a top floor 3 bed 2 bath, 1500 SQ ft apartment in a newly built complex in Plaza Midwood? The lease runs through Sept 2023. It's one of the nicest complexes in the city, has close proximity to Uptown, and has excellent amenities (e.g. CrossFit style gym, two pools, dog park, on site complimentary cafe, etc.). My unit has an ideal layout for work from home and a huge patio.

Edit: $3,196/mo including valet trash pickup ($35) and pest control ($4)

like

Hello Folks from TCS, I need your help, My visa process for Germany is already going on and it shall be completed by ending Feb or early march. I am now having an offer from IBM and I want to use this offer to further cement my onsite position
Should I resign and then talk with management or directly have a discussion stating that I have an offer and When can my travel request be raised post visa stamping

like

What credit card to you recommend pairing well with chase sapphire preferred for maximizing redemption? Pretty new to points and def don’t know a lot! I’m considering one of the Marriott cards bc we love Marriott or an Amex one! Any ideas appreciated 🤗 TIA!!

like

Kind of wanna move to Europe, where do I find an awesome job europeople? CD.

like

Tired- Bitcoin Lambos. Wired- Bitcoin Teslas

like

Once, when I was little, I was playing Monopoly with my cousin. I was the banker, and I liberally “quantitatively eased” myself whenever he wasn’t looking.

I got unlucky and lost the game but I threw an absolute FIT, accusing my cousin of cheating because I knew how severely I’d cheated myself. How could he have won if HE didn’t cheat?!

Donald Trump’s righteous, desperate conviction is that of a losing cheater. I only hope he gets the time out he so richly deserves.

like

Favourite sleeping spot? Right over daddy’s junk 😂 man that sounds so wrong. Yes she knows what she’s doing, there has been the delicate but threatening application of “don’t move” claws.

Post Photo
likefunny

What advice would you give someone building their first niche community?

like

I am working as a QA Automation Engineer with 6.6 YOE ,got selected for Nagaro conpany for 19 lpa .How much package i can expect from other companies

like

Hi guys, Could you please help me out on what to be filled here, I've 3 years of experience and I don't think I would be falling under gratuity that will be '0'. But I'm not sure of what to be filled on "Leave Encashment Exemption". I've 170 hours of leave balance. My HRBP dose not respond at all I've been trying to contact her from weeks and there's no response to any of mails nor pings on teams. I really appreciate you for helping me fill this?

Post Photo

How are the yearly increase and bonus in Accenture ??

likehelpful

Crowe vs Grant Thornton. Which firm has the best culture?

like

Hi,
My L3 interview discussion is scheduled with Partner of
KPMG FRM.
The role is for FRM division.

Any suggestions what kind of interview I can expect?
I had 2 interview rounds with Associate Director.
KPMG KPMG India

like

Hi..

I've been approached for a Manager - Technical Consulting position at Salesforce India.

How are the technical rounds on a quotient of 1-10(1 being very less and 10 being extremely technical)?
Should I prepare for something specifically?

And what is the current package provided by Salesforce for the same position?

Any help would be appreciated.

Thanks

How long does Quest Global take to release offer letter. Why are these HR people not releasing offer letters on the date they say.

like

I'm so over all of it. Need an exit strategy.

like

Additional Posts in Personal Investment Chatter

When to sell at a loss?

I’m 26 and have a fair chunk of my NW tied to Cloudflare - a tech stock that I believe has the opportunity to 3x and become a $100b+ company over the long term. Similarly, I have a lot in cloud computing etf - WCLD.

Given short term rotation out of growth stocks, I’m confused on what to do. I think we still have some time before growth stocks bottom out, but do I sell?

I would consider myself a “long only” investor, but am unsure what to do given my lack of diversif

like

Anyone using roofstock? Model seems really interesting. Would love to talk to someone using it.

like

In the US for about 5 years. Looking to cash out and move to Europe then. 401k matched. What next steps would you take to manage the rest of your cash?

like

Saving $20K for an engagement ring by EOY. Should I put it in a dividend ETF to fund the band or is that too risky?

likefunnyuplifting

Not sure if this is the right bowl but hoping to get some insight. I have a lot of student debt, and am considering refinancing with First Republic bank to get a (marginally) lower interest rate. However, their version of refinancing student loans has changed in the last couple years so now they offer you a personal line of credit. Is it a bad idea to refinance with a line of credit vs a regular student loan refinancing?

like

How much do you keep in the bank vs brokerage?

like

Better to Airbnb out a rental or find a 12month lease tenant?

Hi all, I am trying to DCA bi-weekly into Vanguard ETFs, (VO, VTI etc). It seems like Fidelity does not support auto buying of non-Fidelity ETFs. So I was wondering which of these options you think is best?

1. Open a Vanguard Invest account
2. Look for Fidelity ETFs that are similar to Vanguard ETFs
3. Use smaller brokerages like SoFi l, Robinhood etc.

I really do not want to manage nor be active. My goal is to log-in like once every 6 months.

Thank you all.

like

Looking for an investment advisor who is 1) a fiduciary 2) has a CFA/CFP/CPA or some combination thereof. No exceptions. DC/Baltimore area.
TIA.

like

DeFi bug accidentally gives $90 million to users, founder begs them to return it - CNBC

funnylike

If I’m selling stock to make the down payment for my primary residence house, is there any way I can limit or avoid some capital gain tax?

like

Are we headed for the long overdue crash/correction - red everywhere 👀

likefunny

I have a yearly income of 130k and will rent a 1Br/Studio in Manhattan from 2.4-3k by end of the year. I also have student loans of 28.5k which I intend to pay off in an year or so. Currently, putting in 4% for Roth per pay cycle and maximizing my HSA. I net a monthly income of close to 7k. I intend to save about 3k for the next 3 months in my Marcus Savings Acc and 1.5k from January (reducing it cos my rent doubles) How should I go about planning this and also have some emergency savings?

likefunny

I am pretty conservative w what I invest in (pretty much all vanguard ETFs). If I wanted to take like $5-10k that I have in cash and buy stock(s), what would you recommend?

like

If I have access to both to buy through Fidelity, any reason to choose IVV vs VOO? Why do you pick one over the other?

like

Robinhood vs Webull?

like

With rates going up, is now a good time to start a CD ladder?

like

I’m finally hitting a stride (now in my mid-30s) and have some cash to play around with/invest. Any suggestions or recommendations on good, long-term strategies (and/or things I should absolutely be doing) for people not familiar with having a tiny cushion of wealth? Also open to “you should hire a financial advisor, etc..”

Has anyone made a big bet to try to attempt to retire early? It seems like everyone in this bowl focuses on traditional, conservative investing. Going that route I’m gonna be a wage slave all my life

like

I started a small LLC on the side. My company is getting it's first client this month.

Wondering if any 🐟 have recommended resources on setting up initial consulting business thru an LLC.

Books, websites, tax strategies etc.

My LLC is already incorporated, but looking for guidance with the next steps (creating contracts, invoices, etc)

likeuplifting

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