Willers
Full time employment: Posting here.
- Joined
- May 13, 2013
- Messages
- 742
Our division of Megacorp was sold to another company on 12/31/13 so my 401k is available to be rolled over to an IRA. The options in the 401k are poor so I don;t plan to keep it within the existing 401k.
The process will be simple since the rollover will occur within Vanguard, but I was asked if I'd like to roll it to a separate rollover IRA account or into my existing Traditional IRA.
All else being equal, I plan to roll it to the t-IRA so I wouldn't add yet another account. Are there any disadvantages to that plan that I'm not considering?
Thanks!
The process will be simple since the rollover will occur within Vanguard, but I was asked if I'd like to roll it to a separate rollover IRA account or into my existing Traditional IRA.
All else being equal, I plan to roll it to the t-IRA so I wouldn't add yet another account. Are there any disadvantages to that plan that I'm not considering?
Thanks!