What to do with your 401K contributions when you leave the company?
Jul 12, 2018
28 Comments
This is my first company move.
I am going to leave the company, move to MSFT and my current company 401K plan is with Fidelity.What should I do with all the vested money in Fidelity? Should I let it remain in Fidelity or what options do I have and what are the advantages and disadvantages for each.
Thanks in advance for who all answer without trolling! ☺️
comments
Microsoft has some *very* low cost funds, which is a good argument for keeping it where it is, unless you have specific investing needs that you can't meet in-plan.
If you don't want to do a backdoor Roth IRA, then rollover to a traditional IRA and manage the money yourself with usually more options and lower fees.