[USER]

Leaving my toxic job soon and was wondering if there’s any benefit to leaving my $13k in the workplace 401k?

If not, I was thinking of rolling it over to my Roth IRA and/or HYSA.

Advice is appreciated

[Chuck]

Unless it is post tax 401k, there will be taxes due putting it in a Roth. But I’d roll it over to an IRA.

You can’t put it in your HSA.

[Szandra]

I left mine with my employer as the plan choices are good, the fees are low and there’s no requirement to move it.

[Max]

you can’t roll it over to a hysa. You could roll it over to a traditional IRA and then convert it into a Roth.

Or you could wait and see.

if you could roll it over into your new job’s 401k.

Keep in mind that we generally get better investment funds through our IRA.

[Carl]

I would rollover somewhere else probably to an Ira so you have more control

[Steve]

Just roll it into a traditional rollover IRA account. It’s pretty easy to do. If you don’t, the fees will probably reduce it to nothing over time.

[Julie]

In many cases money left in 401k (ERISA) is protected from creditors and lawsuits.

This is something people don’t talk about here but is worth knowing.

[Jule]

You would be best to roll it to a rollover traditional IRA or your new workplace 401K.

[Author]

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