1. Maybe. If the fees are low and you have access to good investments then it might be best to leave them for the better Federal bankruptcy protections. State IRA protections vary.
2. I would, but this might mean rolling other plans to the best workplace or the new workplace plan, depending on which one is best (lowest fees, best investments, most convenient for managing with the rest of your investments).
3. Not sure what you mean here. Smart in terms of what?
4. Mostly just convenience. You might get some small benefit (most likely a dedicated service representative or higher tier support) if you have enough total assets with one firm.
5. Haven't heard of it and even if anyone has heard of it that doesn't really mean anything. I've had Vanguard funds at Fidelity, etc, so it really just depends what kind of deal your particular employer has struck.
6. Yes, that's definitely a good reason to roll over, although some employer plans have options with lower fees than anyone with less than 10's of millions invested in a fund can get on their own. If you have one of those see if it will let you roll your other plans into it.
2. I would, but this might mean rolling other plans to the best workplace or the new workplace plan, depending on which one is best (lowest fees, best investments, most convenient for managing with the rest of your investments).
3. Not sure what you mean here. Smart in terms of what?
4. Mostly just convenience. You might get some small benefit (most likely a dedicated service representative or higher tier support) if you have enough total assets with one firm.
5. Haven't heard of it and even if anyone has heard of it that doesn't really mean anything. I've had Vanguard funds at Fidelity, etc, so it really just depends what kind of deal your particular employer has struck.
6. Yes, that's definitely a good reason to roll over, although some employer plans have options with lower fees than anyone with less than 10's of millions invested in a fund can get on their own. If you have one of those see if it will let you roll your other plans into it.
I think it was a play on the K in 401(k).7. you didn't ask, but I think it's spelled Chaos.
Statistics: Posted by terran — Wed Mar 06, 2024 4:10 pm — Replies 2 — Views 148