Quote:
Originally Posted by 96z28ss
It went over pretty good. He came to talk to me personally. Then he gave me the pink slip and told me to get out!!
Just kidding we talked for awhile he explained a few things. Basically they aren't changing the investment stuff. So Im going to let it sit there and collect dust.
The one 401k I do have I'm going to roll it over into a IRA and take control of it and make my employees make me some more employees.
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Stop contributing to the company 401K and put that same money into a ROTH IRA -- or another 401 that you open. There's no limit on how many you can have... just a limit to how much you can contribute.
As we discussed -- you're going BACKWARDS in the company 401 -- a monkey throwing darts could do better! Even if the company is matching dollar for dollar -- you're going backwards... (and of course they are not!).