401k account with Amazon
Left Amazon and joined another company. What should I do with the 401k (50k$) account with Amazon. Should I keep it as it is or rollover to the current employer's 401k account or any other thing? What are the pros or cons ?
Amazon ALLinMeta Mar 14
I believe at some point there was some minimum limit &50K or $10K. Please check, otherwise there will be fees.
Roll over to current employer or to an IRA. Keeping it with Amazon might have a charge after certain number of days.
Why to an IRA though and not to the new employer's 401k?
It doesn’t charge fees if you put it in BrokerageLink. I’ve left my Amazon 401k in Fidelity since I left in 2022