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Old 01-30-2014, 04:23 PM
 
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I have under 3K sitting in my old 401(K). I shall be receiving the cheque in few days. What should I do with my old 401(K). Should I transfer it to my new 401(K) or open up ira? if ira which provider will u prefer?
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Old 01-30-2014, 04:34 PM
 
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What are the fund options in your new 401k? What are their expense ratios? Need more info.
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Old 01-30-2014, 06:14 PM
 
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expense ratio is 0.58% I cant get to find the fund options. This new 401(K) plan is with T. Rowe Price. Kind of got good return on it about 18%.
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Old 01-30-2014, 07:10 PM
 
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Quote:
Originally Posted by musman View Post
expense ratio is 0.58% I cant get to find the fund options. This new 401(K) plan is with T. Rowe Price. Kind of got good return on it about 18%.
Absent more info about your fund options and expense ratios, I would roll it over to Vanguard US Total Stock Market Index. The expense ratio is .017%.
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Old 01-31-2014, 10:12 AM
 
280 posts, read 286,736 times
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Originally Posted by stoutboy View Post
Absent more info about your fund options and expense ratios, I would roll it over to Vanguard US Total Stock Market Index. The expense ratio is .017%.
I ll look at it. Thanks Much!
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Old 01-31-2014, 01:39 PM
 
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Quote:
Originally Posted by musman View Post
I ll look at it. Thanks Much!
Quick correction: I should've written .17%
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Old 01-31-2014, 05:06 PM
 
280 posts, read 286,736 times
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Originally Posted by stoutboy View Post
Quick correction: I should've written .17%
Got you. Thanks!
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Old 02-01-2014, 08:53 AM
 
Location: Port Charlotte
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There are a lot of good funds with no expense ratios. As to traditional Roth vs new Roth, it will depend on what you think your tax situation will be. High income, go to a new Roth with after-tax income.
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Old 02-01-2014, 01:20 PM
 
280 posts, read 286,736 times
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Originally Posted by Restrain View Post
There are a lot of good funds with no expense ratios. As to traditional Roth vs new Roth, it will depend on what you think your tax situation will be. High income, go to a new Roth with after-tax income.
Can you explain New Roth? I heard about Roth but not new Roth.
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Old 02-01-2014, 02:05 PM
 
Location: The Pacific NW.
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Quote:
Originally Posted by Restrain View Post
There are a lot of good funds with no expense ratios.
All funds have expense ratios.
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