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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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The interest you earn would be taxed federally but exempt from state/local. Municipal bonds are normally federally exempt from taxes and depending on circumstances possibly state 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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No, it depends on how good your 401k is.. generally, you'll have more options and maybe better pricing in your own IRA. 401k's are protected from lawsuits and bankruptcy. IRA's each state is different so that's one thing to consider.