Hi there,
I recently left an employer and have a 401K with them (investment options not amazing). I would like to consolidate my accounts into my Fidelity account as I like their investment options better. I only work as an employee so I do not have a solo401K. If I were to rollover my money into a IRA, would that hinder my ability to do back door roths in the future? Any other options for rolling over a 401K account from a prior employer that I'd rather have somewhere else. Thank you in advance.
I recently left an employer and have a 401K with them (investment options not amazing). I would like to consolidate my accounts into my Fidelity account as I like their investment options better. I only work as an employee so I do not have a solo401K. If I were to rollover my money into a IRA, would that hinder my ability to do back door roths in the future? Any other options for rolling over a 401K account from a prior employer that I'd rather have somewhere else. Thank you in advance.
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