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submitted 4 months ago by makeasnek@lemmy.ml to c/asklemmy@lemmy.ml
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[-] MoonMelon@lemmy.ml 11 points 4 months ago

I've "rolled" a couple 401ks into a Vanguard account. Just set up a Vanguard traditional IRA (or Fidelity is good too) and follow their instructions. In both my cases my old 401k admin sent me a check and I forwarded it to Vanguard within a certain time frame. If you don't know what fund to choose just pick "Vanguard Target Retirement XX" for whatever year you turn retirement age (Fidelity has equivalents).

The reason I say Vanguard or Fidelity is because they have rock bottom fees and also they are huge so they've worked this out with basically everyone.

[-] propter_hog@hexbear.net 1 points 4 months ago

Fidelity is good, but Vanguard has lower fees. Stick in all in their S&P 500 index.

this post was submitted on 13 Jul 2024
187 points (91.6% liked)

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