Can’t decide between maxing 401k or saving for a house I 23m will be moving in with my gfs apartment soon, rent will be going down to about $1000 a person. I make 82k a year and will be maxing Roth IRA, contributing 10% of salary to 401k and getting 8% match from work I could possibly up 401k contributions to 28% and max it out but I am leaning more toward saving as much as possible for a house dow…

My fear my 401K may be in limbo. I have a 401K from a former employer that I’m trying to rollover to a new brokerage. This account comprises almost all of my retirement savings. I filled out all of the forms online to do the rollover and it never got distributed to the new brokerage account. I called customer service and they said they were waiting for the employer to approve t…

Following the flowchart, I should be at the point where I’m maxing out my Roth 401k…I’m not sure I follow this train of thought though My wife and I are 26 years old, living in the US, for reference. As of now, my wife and I managed to get all of our debt paid off. We just have a mortgage now that we plan to keep, even though the payoff date is May of 2051 at a 6% interest rate. I think the compound interest of investing will be much more financial effective. My question now i…

Do share prices remain the same when rolling over a 401k to a new employer’s plan? Hey r/personalfinance I’m seeking advice on rolling over my 401k from a previous employer to my new employer’s 401 plan. One thing I’m particularly uncertain about is how the rollover process affects the shares I’ve accumulated over the years. Specifically, when I do a rollover, do the shares I bought retain their original purchase price, or do…

Experiences with Principal 401K management – hidden fees After a long military career where I was fortunate to have TSP as my 401K equivalent I joined the “normal” work world and now I have a 401K through Principal. Its not great My question is, is it Principal that sucks or does my company suck. Right now I am being charged two different fees: Plan Admin Srv from gain/loss Plan Administrative Servic…

Do I have to wait until the vesting period to see employer’s 401k match in my retirement account? Hi everyone, I am a new employee at a large company and I started January of this year. I was eligible to contribute to my 401k as of April. I have been contributing and was supposed to get an employer match, however, when I logged into my retirement account today, I only saw my total contributions and the “employer contributions” were zero. How…

Company just introduced 401k. I’m 13.50 an hour + tips (also taxed). We just got a new 401k plan made available to us that allows me to contribute my own choice to a 401k or a Roth. I don’t know how to explain it completely. Any recommendations on what to do / how to go about this to maximize? Images will be posted on my profile! submitted by /u/mmj_michael …

Should I invest in my company’s 401k if I plan to leave within the next year? My company has a several year vesting period. Is it worth it to sign up for my company’s 401k plan if I plan to leave long before it’s vested? Or would my money have better use in a different investment since I won’t be getting the match regardless? submitted by /u/preloom

Getting paid to roll over 401K? I just heard that someone makes a living rolling over other people’s 401Ks. I had no idea since I’ve only ever experienced the rollover process as a click of a button and did not know people get paid to do this. Does anyone have insight into how this works? submitted by /u/dlwldnjs525

Student Loan 401k through Employer Title says it. Just started a new employer where they will do 10% 401k student loan match 1:1, which amounts to $733/month. I currently have a 70k private loan w/ 10 yr term at 7%, which is around $800/month minimum (but I plan on paying more since I share rent with roommates). I am a 24 yr old college graduate and more concerened with paying hi…

401k, Roth IRA, and Index Fund? I’m in my mid-20s trying to figure out my financial future. I’m currently saving for a house and want to plan ahead for retirement as well. I have a 401k through work and just opened a Roth IRA invested in the S&P 500. I keep the bulk of my money in an HYSA but was wondering if I should move some of that over to an FXAIX index fund. Any advice i…

I put 1k a month into my 401k and 500$ a month into my Roth IRA. Should I stop contributing to my Roth IRA and dump everything into 401k? I currently have 60k in my Roth IRA and almost 75k in my 401k. Fully funded emergency account. No debts besides mortgage. Age 31, I make $91,000 a year. submitted by /u/MoistYear7423

I’m 52 and recently seperated with only 60k in a 401k plan and no other savings. What can I do at this point to ensure I have a decent retirement or is it too late to do anything? submitted by /u/Mobile_Promise_5502

High expense ratio 401k question Hi. I’m 29 trying to start saving for retirement. I make around 116k/year before taxes. My company is a smaller company that recently offered 401k. They match up to 4%. Right now I’m putting in 4% just to get the match. I’m in a target fund date of 2060 but the expense ratio is at 1.04% which I feel like is pretty high. I have a Roth IRA throug…

I have a 401k from a previous employer and a Simple IRA from my current one. Should I consolidate them? Hi! I’ve been thinking of moving the funds from my 401k that’s value is based on the stock price of the company with around $7700 in it to my current employer’s Simple IRA with about $5k in it. Should I leave them alone, consolidate it into the IRA, or see if I can consolidate it into the 401k? submitted by /u/bouncypinecone

Should I consolidate my Thrift Savings Plan into my current 401K plan? I am actively working to consolidate an old lost 401k account into my current one, while going through documents I realized that I never followed up on my TSP account – I served in the military for 5 years, contributed some (not nearly what I should have) but had around 7k by the time I stopped contributing (after separating). Is there any reaso…

401k Comparison Tool or Tips? I recently changed jobs and am working at a larger tech company that allegedly has a very good 401k. I have 2 other 401k accounts from previous companies that I worked at. Is there any easy tool or place I can look in the plan for me to compare the 3 accounts and plans and see if I should rollover into the one from my current company? Some info …

Did we lose my wife’s 401k? My wife worked for a company for 10 years and had a company match 401(k). She has been at her new job for a couple years now, but we have been unable to access her old account. Is her 401(k) gone, or should we be able to access and transfer the balance? Edit: Thank you everyone for the great advice! We really appreciate it. We will start contac…

What do I do with my 401k after becoming a contractor? Title says it all. I’m leaving my W-2 job and will become a 1099 contractor. What do I do with my 401k? This is a first for me, and I have no personal contacts that have been helpful. Any guidance would be greatly appreciated! Don’t be afraid to break it down to me like you’re explaining finances to a fourth grader. submitted by /u/bckwar…

Should I stop 401k (no match) while I’m going to college and working part time to pay off debt? I’m going to school this fall, I’ll be going to school full time and working about 20 hours. I’m utilizing my GI Bill and my VA disability, so between that I’ll be making $3200. With going part time I’ll be making ~$4000 a month take home and have $1200 left over after ALL of my expenses. I have $19,535 in total debt: $1241.68 credit card (11% i…