Moving From One 401(k) to Another

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 11 July 2022

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:13.9	Emily is in Rhode Island.
0:15.3	Hi, Emily.
0:16.3	Welcome to the show.
0:17.3	Hi, David and Rachel.
0:18.3	Thanks for having me.
0:19.3	Sure.
0:20.3	What's up?
0:21.3	So my question for you today is, I'm in the sixth year of my career and I've worked
0:26.5	at the same company I'll sit here and just found out that we are being acquired.
0:32.0	So I'm wondering what to do with my 401K.
0:35.3	I'm keeping my job, nobody's being laid off or anything, but I have a 401K that I'm
0:39.9	wondering if I should move over to the new company 401K plan or I can roll it over to
0:45.6	an IRA.
0:46.6	I would roll it to an IRA.
0:48.6	Okay.
0:49.6	Get with the Smart Vestor Pro at RamseySolutions.com.
0:53.5	And one in your area that has the heart of a teacher, you'll select the mutual funds that
0:57.3	you want in your IRA.
1:00.4	And when you fill out that paperwork, you will fill out another piece of paper that allows
1:03.8	for a direct transfer.
	...

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