question about 401 k

[almaty 19]

i am leaving my present job at the end of the week. I understand i have 60 days to rollover the $$ into a traditional IRA..any suggestions...? as i am a therapsit and not use to money...just saying

like a good compnay ..example: t rowe price, etc...

[w¡n9Nµ7 §£@¥€r 123]

I like Schwab.

[Peikko 1,575]

I am with Schwab, but I am not sure if I like them yet

Have you always been excommunicated A.J?

[Chica Yeyé 41]

almaty = retirement fund NOOB. nuff said.

[almaty 19]

almaty = retirement fund NOOB. nuff said.

it is true.. iused the last $$ i had from my 403 b and bought several pairs of these/stock ..what a bad investment

[Chica Yeyé 41]

almaty = retirement fund NOOB. nuff said.

it is true.. iused the last $$ i had from my 403 b and bought several pairs of these/stock ..what a bad investment

Hey, don't beat yourself up. I am sure Joyce would approve. Let's ask her.

[almaty 19]

i think, she was the other investor along with baby cortez

[Ban Hammer 13,344]

real commies don't save money

[mawilson 2,133]

i am leaving my present job at the end of the week. I understand i have 60 days to rollover the $$ into a traditional IRA..any suggestions...? as i am a therapsit and not use to money...just saying

like a good compnay ..example: t rowe price, etc...

I don't think you *have* to roll it over - you can leave the money with your former employers.

Rolling it over gives you more flexibility as far as your investments are concerned.

As for the company, I don't think it matters much. Fidelity?

[Nik+Heather 121]

I think the company matters based on how he wants to manage (or not) his money - Something like eTrade you have to want to be doing things yourself. A different company you have a broker/account manager who works with your account and they can make suggestions - or - for a fee, of course, they could just manage your money and you don't have to do anything but give it to them.

[w¡n9Nµ7 §£@¥€r 123]

I don't think you *have* to roll it over - you can leave the money with your former employers.

If his vested balance is less than a certain amount (i forget what the amt is), they are not required to hold on to it.

[Chica Yeyé 41]

real commies don't save money

true

[mawilson 2,133]

I don't think you *have* to roll it over - you can leave the money with your former employers.

If his vested balance is less than a certain amount (i forget what the amt is), they are not required to hold on to it.

Yeah, these minimums are usually < $5,000; I think we can assume he has more than that.

[w¡n9Nµ7 §£@¥€r 123]

I screwed up one of my 401ks that way. I was only in the 401k a few months before I quit and I neglected to take care of it myself. They were legally required only to mail me a check and treat it like I took money out before I hit 59.5 but instead they were nice enough to roll it over into an IRA for me.

[Chica Yeyé 41]

almaty, Joyce approved.