Topic
Can I updata my 401Ks?
Well, there is still a long time for me to retire, and maybe my company will provide me a new one, wow, you know sometimes a new one is better, if I have invested for a stable 401Ks, it is a good news that I can updata my plan
sakotae asked · 09/12/2010
- #1
-
I suppose you mean updating your 401k plan. Well, as far as I know, an employee is provided only one 401k plan by his/her employer. Unless you have another job offer of a different employer before, you do not have the chance to rollover between 401k plans. But your employer may change the investment options in your current 401k plan, then you can reallocate your contributions to the new options. Alternatively, one may rollover their 401k plans to an IRA account.Terence · 09/14/2010 12:11:40