Y
Hacker News
new
|
ask
|
show
|
jobs
by
publicdaniel
715 days ago
One downside of rolling it into an IRA is that you'll pay more in taxes to do backdoor roth IRA conversions every year. I think it's better to leave it in 401k if the fund options / fees are acceptable.
1 comments
erik_seaberg
714 days ago
Another is that 401(k) accounts are protected from creditors by federal law, where IRAs vary by state.
link