 401k rollover? |
| 401k rollover? |
 Oct 31 2006, 09:13 AM
Post
#1
|
|
 Group: Members Posts: 5,275 Joined: 22-February 06 Member No.: 2  |
I'm posting this in the academics forum since we already have so many job threads in here. This might be a question for some of you finance or business majors.
What should I do with my Nortel 401k when I leave? I have a fairly good amount of money in there since Nortel matched my contributions. Should I roll it over to my new company's 401k? Should I roll it over to an IRA? What's a good IRA to roll it into? I haven't made very good interest on my current 401k so I'm pretty pissed at that and I want something with a good return. |
 |
 
|
 |
|
Nov 2 2006, 08:21 PM
Post
#2
|
|
 From Atlantis to Interzone Group: Global Moderators Posts: 2,512 Joined: 23-February 06 From: Somewhere in space and time Member No.: 65 |
I'd roll it over into an IRA at a bank. You have a lot more flexibility in regards to being able to access your money when you need to.
-------------------- QUOTE (Spectatrix @ Oct 13 2006, 09:51 PM)  Holy shit, pebkac, you're awesome! "Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Theodor Seuss Geisel (AKA Dr. Seuss) "An idea that is not dangerous is unworthy of being called an idea at all." - Oscar Wilde |
|
|
|
Overlord 401k rollover? Oct 31 2006, 09:13 AM
lamont's lament if it's an option, i would put it into a roth ... Oct 31 2006, 09:42 AM |
| Lo-Fi Version | Time is now: 4th August 2026 - 04:13 AM |
