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Updated almost 10 years ago on . Most recent reply presented by

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10
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3
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Jared Hohensee
  • Investor
  • Austin, TX
3
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10
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401K from old employer

Jared Hohensee
  • Investor
  • Austin, TX
Posted

I've still have an old 401K from an old employer and I'm trying to figure out what to do with that account. Should I leave it in there, roll it over to my current employer's 401K, convert it to a Roth IRA, etc? At this time I don't need if for real estate investing and I'm 36 so just looking for some thoughts. Any suggestions?

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17,853
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,247
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17,853
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Jared Hohensee

Leaving your 401k with the former employer or moving it to the new employer 401k in my opinion is not a good choice. There reason is very limited investment choices and limited control. It is better to roll it over into an IRA.

  • Dmitriy Fomichenko
  • (949) 228-9393
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