Comments on: Why You Should Roll Your Old 401k Over To Vanguard http://amateurassetallocator.com/2008/11/24/why-you-should-roll-your-old-401k-over-to-vanguard/ Amateur Asset Allocator Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: BJ http://amateurassetallocator.com/2008/11/24/why-you-should-roll-your-old-401k-over-to-vanguard/comment-page-1/#comment-2339 BJ Mon, 24 Nov 2008 18:17:12 +0000 http://amateurassetallocator.com/?p=353#comment-2339 While I generally agree, and in fact have rolled over a few 401ks to IRAs myself, I do think there are some advantages for 401ks that might apply to some investors. Investment flexibility and control are the major advantages of IRAs. By staying in a 401k; however, you may be able to borrow from your account, withdraw prior to 59.5 without penalty for certain hardships, and participate in funds that may waive loads for 401k investments. Generally, I vote for IRAs as well. I just wanted to point out the flip side in certain situations. While I generally agree, and in fact have rolled over a few 401ks to IRAs myself, I do think there are some advantages for 401ks that might apply to some investors. Investment flexibility and control are the major advantages of IRAs.

By staying in a 401k; however, you may be able to borrow from your account, withdraw prior to 59.5 without penalty for certain hardships, and participate in funds that may waive loads for 401k investments.

Generally, I vote for IRAs as well. I just wanted to point out the flip side in certain situations.

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