I have a 3 year old 401k that has all of its money allocated in a Target Date fund. I recently changed employeers and they offer an American Funds 401k. I now have the following choices:
- Leave the money in the old 401k account: maintain control over it, unable to add additional funds.
- Transfer the money to an IRA under the old 401k provider TRowePrice: more fund options, able to contribute 5k per year.
- Transfer funds from older 401k into my new employers 401k: single place to consolidate, no other benefits known atm.
I think the end conclusion i need to make is more between TRowePrice and AmericanFunds, but there might be some unknown factors of consolidating accoutns that i havn't considered. Any advice would be appreciated.
Submitted March 06, 2017 at 03:38PM by workmani http://ift.tt/2mYHton