Should I roll over amazon 401k to Facebook
Aug 24, 2018
28 Comments
Just joined fb. Tc 350
I have 401k from amazon and Sony. I’m no financial guru and not familiar with each of them to know which one is better . I’m wondering if any one has looked into this issue and can provide some insight
comments
If you like the fees and investment options better in your old 401k then choose option 1. If the fees and investment options are better in your new 401k then choose option 2. If you need more control over your investments and don’t plan to do backdoor Roth (or plan to convert your entire old 401k to Roth and pay the potentially large tax bill) and you don’t like fees or investment options in either of your 401ks, only then choose option 3.
I chose option 1. It is one more account to manage but I don’t mind that. Now I can choose the better funds from each 401k. At some point it may become unwieldy and I’ll look into option 2 or 3 at that time, but for now it works great.