Submitted by Devincc t3_yimkxo in personalfinance
Devincc OP t1_iujemei wrote
Reply to comment by DaemonTargaryen2024 in Lost investor with cash! Please send help! by Devincc
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
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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