May 22, 2013
What options are available with your company retirement plan when you move from one job to another? The wisest?
What options are available with your company retirement plan when you move from one job to another? The wisest?
Small Capitalization Fund (S Fund), Large Capitalization Fund (C Fund), International Capitalization Fund (I Fund), Balanced Fund (Lifecycle Funds), Bond Fund (F Fund), and Money Market Fund (G Fund). When you leave an employer, have Vanguard transfer your money for you. They can transfer your money into a traditional IRA or a Roth IRA.
Well said, Katherine. Let’s recap. When you leave your company MOVE your money to a place like Vanguard where you are in control of YOUR money (a simple call to Vanguard will get this process started at absolutely no cost to you). Select a traditional IRA for a traditional 401K. Select a Roth IRA for a Roth 401K. Choose the fund that fits your time horizon, goals, and risk tolerance. Now GO!