Re:Since Devs change jobs every few years now: 401k or Roth?
by galdosdi on Monday February 27, 2017 @12:40PM
(#13746066)
I almost mentioned vesting, but decided to summarize as
> Look into all the details and conditions of the program.
Either way, you're not _losing_ money, even if there's a delay in getting the match.
And IANAL and don't feel like looking it up but IIRC from last time I did it, I thought it was near universal, or legally required even, to be allowed to rollover any 401k into an IRA once you are no longer employed. Do you have a source or personal details on that? This is a major point.
The important thing is nobody with access to a 401k should delay looking into it by more than a pay period, as they are likely throwing away free money every pay period that goes by and they don't even look into the details.
> Look into all the details and conditions of the program.
Either way, you're not _losing_ money, even if there's a delay in getting the match.
And IANAL and don't feel like looking it up but IIRC from last time I did it, I thought it was near universal, or legally required even, to be allowed to rollover any 401k into an IRA once you are no longer employed. Do you have a source or personal details on that? This is a major point.
The important thing is nobody with access to a 401k should delay looking into it by more than a pay period, as they are likely throwing away free money every pay period that goes by and they don't even look into the details.