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DaemonTargaryen2024 t1_iujecoo wrote

Statistically lump sum is the best move, DCA second best.

Psychologically it's totally fair if you'd rather DCA. But if you're comfortable with lump sum, get it into your 401k, you'll never have another opportunity to make 2022 year contributions. And your 401k is for 40+ years from now, so who cares what the market does in the short term anyway?

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Devincc OP t1_iujemei wrote

I agree. I stopped contributing to my previous employers 401K program about 2 years ago. Should I close that account and rollover to vanguard and start new there? Or maybe with TD Ameritrade since I already have my personal investment account with them? Guess i should look into fees and plan structures

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DaemonTargaryen2024 t1_iujfldy wrote

Considerations are: fees, investment options, personal preference.

So if the old 401k has high fees and/or poor investment options, usually better to roll it over. Most brokerages have no administrative fees and low fund expense ratios. Shop around and compare fees, services, etc.

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