What can I do with my 401K from my previous employer?
I get this question a lot.
"What can I do with my 401K from my previous employer?"
Do you have a 401k from a previous job/ training and trying to figure out what to do with it?
To leave it or to move it? There are pros and cons to each option you choose. If you decide to move it, there are a few options.
In this video, I shared some details that may help you in making that decision.
FYI, you can still do a backdoor IRA conversion even if you have other IRA type accounts, the important thing is to remember the pro rata rule. Be sure to speak with your CPA/ advisor if you are not clear about this.
https://www.theastuteadvisor.com/roth-ira-conversion/
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