Solo 401k

redneck joe

Supreme Mariner
Joined
Mar 18, 2009
Messages
14,918
Anyone got one? For various reasons I want to move it from my previous employer to my self employed self.

I've confirmed the company I want to use accepts rollover but that is about the only pitfall I can see other ensuring it is a direct between the companies.

Anyone have insight?
 

airshot

Admiral
Joined
Jul 22, 2008
Messages
6,483
I have a financial advisor that takes care of things like that, I rolled my part time job and my full time job, all into my own account. Use experts when ever you can !
 

dingbat

Supreme Mariner
Joined
Nov 20, 2001
Messages
17,138
The biggest thing people miss when selecting managers or investments are the management and investment fees.

Providers are not very forth coming on their management fees. I had to ask specifically about their fee structures for the subject to even come up.

While the fees seem rather small on paper, typically 1.0 to 1.50%, a 1/4 to 1/2% difference can add up to thousands over time.
 
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