View Single Post
      12-26-2019, 04:57 PM   #10
bimmer456
Major General
2950
Rep
5,984
Posts

Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

iTrader: (0)

Quote:
Originally Posted by F32Fleet View Post
Quote:
Originally Posted by bimmer456 View Post
IRA is the way to go don't move it to your current employers 401k.
Hmm...It depends on the 401k. IMO.
You can purchase the same mutual funds in the 401k in an IRA. But you cannot purchase any mutual funds not in the 401k or individual stocks with a 401k. Seems like the IRA is better. I have unlimited free trades in my IRA. You do have higher contributions limits with 401k but that doesn't apply to rollovers, you can roll over as much as you want. (Rollover doesn't count towards contribution limits)
Appreciate 0