Why are you putting it into another 401k instead of rolling it into an IRA at a low cost provider?
Expense ratios that don't read as 0.0x% seem high to me.
Sorry for the delayed response. This is not something I know a whole lot about; I didn't think about rolling it over to an IRA. So you're saying I can just roll this over to a Vanguard IRA and call it a day. This would be super easy to do, but wouldn't it take away from the compounding effect I would get from rolling this into the new employers 401k and keep adding to it? Granted the wife will only work full time another 3-5 years max, then on to part time.
What's better: Adding the $60k to the new 401k and get more compounding out of it, but also have the higher fees--possibly over 1%
OR Transferring the $60k to a traditional IRA with Vanguard, add to the new employers 401k, then transfer that over to the traditional IRA when leave employer?
Thank you again for this idea!