Don’t they auto roll to an IRA?

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Jan 13, 2020
12:26:17pm

stoils All-American

Don’t they auto roll to an IRA?

I have 2 from old employers but they turned into IRAs, not 401(k)s.

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stoils

Bio page: stoils
Joined: Jan 12, 2007
Last login: May 3, 2024
Total posts: 10,595 (43 FO)

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Messages

Author

Time

POLL: How many 401k accounts do you have right now?

Cougarclaw

1/13/20 12:24pm

Don’t they auto roll to an IRA?

stoils

1/13/20 12:26pm

You can either roll them into your 401k or into an IRA outside your employer

LaserCoug

1/13/20 12:27pm

No. But I don't see a good reason to not roll into an IRA.

JuicyJam

1/13/20 12:28pm

In the short term, you may not want to do to the backdoor Roth rules.

Baron

1/13/20 12:31pm

I have a 401k that isn't completely vested.

jvquarterback

1/13/20 1:02pm

Interesting. I figured they just took back the unvested

JuicyJam

1/13/20 1:08pm

A backdoor roth? I'm so behind on latest slang.

Belboz

1/13/20 1:10pm

I have two. I don't consolidate b/c the first one if from a Fortune 50 company

Dangerous

1/13/20 12:31pm

I've got an hourly one and a salary one from the same

Born2Fish

1/13/20 12:47pm

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