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my previous and current employers both use fidelity for 401(k). does it make sense to rollover?
user
i would check to see what the fee schedule is on your previous employer's 401k. depending on how it was setup, the quarterly/annual maintenance fee may be lower/higher than your current employer. another reason to rollover/not-rollover is that selection of funds available is better than the other plan. and of course always consider rolling over your old plan into a standard custodial rollover ira where the management company gives you a selection of investment options. at least look at the fees and expense ratios of your prior employer's plan and see if anything reaches a threshold of what you consider actionable and worth your time. note: removed reference to self directed ira as vehicle is more complicated account type allowing for more than just stocks, bonds, and mutual funds. not for your typical retail investor.
assistant