An IRA in the hand is worth 2 401ks in the bush?
October 13, 2013 6:25 AM Subscribe
I just started a new job at a small business that does not have a company-funded 401k plan. I have 3 old 401k accounts of various amounts from previous jobs. What should I do with that money, and how should I fund my retirement now?
posted by thirdletter to work & money (7 answers total) 12 users marked this as a favorite
Ideally I would have all of those bucks working together in one account instead of dispersed, but I don't know if that's the thing I'm supposed to do, or how to do it. I make a decent amount of money, have a lot of student loans, and financial stability is very important to me. My previous 401ks are set up with retirement date targets around 35 years from now. (sigh)
Please talk me through how to move my money around and where to put it like I'm a 12 year old.