Early 2025 I am planning on leaving my current job. I have a 401k through Empower with this employer and the fees are high and of course limited on options for investing.
With that said I want to roll it over into an IRA in my Vanguard account, I am not against opening something up somewhere else either so if people have suggestions that is fine but here are my questions.
When the rollover is complete and I start to allocate that money to different funds, is it best to just do it all at once, or would you put so much in every month to these new funds or what?
For reference I currently have aprox. $240000 in this 401k currently.
I have a rollover IRA in my Vanguard account right now as well, I know some people like to open up different accounts at different places- I was just going to put it in Vanguard but again any thoughts on this at all is much appreciated. Thank you!
With that said I want to roll it over into an IRA in my Vanguard account, I am not against opening something up somewhere else either so if people have suggestions that is fine but here are my questions.
When the rollover is complete and I start to allocate that money to different funds, is it best to just do it all at once, or would you put so much in every month to these new funds or what?
For reference I currently have aprox. $240000 in this 401k currently.
I have a rollover IRA in my Vanguard account right now as well, I know some people like to open up different accounts at different places- I was just going to put it in Vanguard but again any thoughts on this at all is much appreciated. Thank you!
Statistics: Posted by ravenecw — Fri Jul 19, 2024 6:58 pm — Replies 5 — Views 453