Good evening everyone! New investor here.
I have 2 jobs- each offering profit sharing.
Employer 1 offers a Fidelity 401k matching 3% of my compensation as reported on my W-2
Employer 2 offers an Empower 401k matching up to 4% of compensation. This is a 1099 job.
Is it legal to have two separate 401k accounts under these circumstances? Any advice is appreciated, thanks in advance!
I just paid off my final note on the student loans this year. This will be my first time investing in a 401k. I have a Roth IRA with Vanguard.
I have 2 jobs- each offering profit sharing.
Employer 1 offers a Fidelity 401k matching 3% of my compensation as reported on my W-2
Employer 2 offers an Empower 401k matching up to 4% of compensation. This is a 1099 job.
Is it legal to have two separate 401k accounts under these circumstances? Any advice is appreciated, thanks in advance!
I just paid off my final note on the student loans this year. This will be my first time investing in a 401k. I have a Roth IRA with Vanguard.
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