My end date is fast approaching (yay!) and I’m wondering if there are any downsides to moving my 401K to an IRA after I retire.
My 401K is at Fidelity and I’ve been using the BrokerageLink feature exclusively for years so I can and have invested in pretty much whatever I want to so no IRA benefits there. However I’m wondering if a move to an IRA will “free up” my Roth as it’s “trapped” and can’t be allocated any differently than my tax-deferred account.
Any other considerations pro/con for leaving vs. moving the 401K?
My 401K is at Fidelity and I’ve been using the BrokerageLink feature exclusively for years so I can and have invested in pretty much whatever I want to so no IRA benefits there. However I’m wondering if a move to an IRA will “free up” my Roth as it’s “trapped” and can’t be allocated any differently than my tax-deferred account.
Any other considerations pro/con for leaving vs. moving the 401K?