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Originally Posted by lewdog
Dang, that's good info. I looked up the 30 day T bill on TD and you're right, 2.4. It says taxable though, which is fine.
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Interest From a bank is taxable too.
Quote:
Originally Posted by KCUnited
I'm contemplating changing employers, is there a consensus best strategy for handling an old 401k? If I'm able to and like the investments, is it best to roll it into the new employers plan? If that's not possible, roll it into an IRA? Leave it? I've been contributing to it for 12 years so it's a decent chunk of change.
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Talk to your HR first. Sometimes they have specific rules
Even if your 401K isn’t designated as a Roth, it may behoove you to roll it into a Roth.
I haven’t done it, but I
THINK you can do it to where they track the basis and then when you take it out the percentage that is the basis is taxable.
If that’s not an option, then it’s still available, you just have to pay the tax (but not the penalty) this year. If you can swing it by getting a sign on bonus or something, you maybe money ahead to eat shit on tax this year, and then have your retirement free and clear. All that shit is above my pay grade.