what are good investments to roll over my dads 401K?
He is leaving is job and deciding to start over again, ( unhappy with current job) so he and his $60,000 401K are leaving. What are some options for roll over to make his investment grow within the next 5-10 years? Thanks for the help, I appreciate it.
Asked By: Teng - 5/9/2007
Best Answer - Chosen by Asker
You'd want to invest in the same mutual fund company in order to take advantage of breakpoints. Most fund companies have a 50K breakpoint, so don't let anyone at a bank or elsewhere talk you into diversifying into more than one fund family... More
Answered By: ptstrobl - 5/9/2007
Additional Answers (1)
If your father joins a company that has a 401K, they can roll over the savings fund into the new company's program. This would be a time savings not haveing two accounts... More
Answered By: pauly51_2001 - 5/9/2007
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