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Learning, Sharing, and Teaching => Investor Alley => Topic started by: jmr5x on December 08, 2015, 01:16:21 AM

Title: Roll over 401k to new 401k?
Post by: jmr5x on December 08, 2015, 01:16:21 AM
I will have the same position at my current employer but through a different company starting this week.  I am new to investing and would like some advice on what to do with my current nationwide 401k.  The new company will have a Vanguard 401k.  I am thinking that just rolling over my 7,000 dollars would be my best bet.  Is this what a proper mustacian would do?
Title: Re: Roll over 401k to new 401k?
Post by: seattlecyclone on December 08, 2015, 01:32:08 AM
It really depends. If your old 401(k) has some high-fee funds, you definitely don't want to leave the money there. You can roll it into an IRA or your new 401(k).

The main things to consider here are: