{ "media_type": "text", "post_content": "When moving companies, is it better to rollover to your new employer’s 401K or personal IRA?", "post_id": "616f05e3d7acb5002e9b69a9", "reply_count": 6, "vote_count": 1, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

When moving companies, is it better to rollover to your new employer’s 401K or personal IRA?

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I prefer rolling over to IRA, less fees and such. Plus I can back door it into a Roth. Pro of rolling over to new 401k is that all of those assets are in one location. No downside if the fees are low and the options are good.

If you want to do a Roth IRA and are over the limit, you will need to do the backdoor Roth. If so you will want to make sure you don’t have traditional Ira balance, or you will have to pay some tax. If any of the 401k is traditional, you would have some traditional Ira if you roll it to Ira.

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Traditional > keep as is or roll to new co. Roth > roll to IRA

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