Can I move my 401k from my old company to my new 401k?

Yes — in most cases you can...

Yes — in most cases you can move your old 401(k) into your new employer’s 401(k), and this is called a 401(k) rollover.

Your main options

When you leave a job, your old 401(k) usually gives you 3–4 choices:

1) Roll it into your new 401(k)

• If your new employer allows it, you can transfer the balance directly.
• This keeps everything in one account, which is simpler to manage.
• It keeps the money tax-deferred.

2) Roll it into an IRA (Individual Retirement Account)

• Often gives you more investment options than a 401(k).
• Still tax-deferred.

3) Leave it in your old 401(k)

• Allowed if the balance is above a certain threshold (varies by plan).
• You just can’t contribute new money to it.

4) Cash it out (not recommended in most cases)

• You’ll likely pay income tax + a 10% early withdrawal penalty if under 59½.

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Important things to check before rolling into your new 401(k)

Not all plans accept rollovers, so you should confirm:

• Does your new 401(k) accept incoming rollovers?
• What are the investment options and fees compared to your old plan?
• Will you lose any special features (like low-cost index funds or Roth options)?

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When rolling into your new 401(k) makes sense

• You want everything in one place
• Your new plan has low fees and good investment options
• You prefer simplicity over more control

When an IRA might be better

• You want more control and more investment choices
• Your new 401(k) has high fees or limited funds

---

If you want, tell me:

• your old plan provider
• your new employer plan provider

and I can help you decide the best move specifically for your situation.

---

Yes — in most cases you can move your old 401(k) into your new employer’s 401(k), and this is called a 401(k) rollover.

Your main options

When you leave a job, your old 401(k) usually gives you 3–4 choices:

1) Roll it into your new 401(k)

• If your new employer allows it, you can transfer the balance directly.
• This keeps everything in one account, which is simpler to manage.
• It keeps the money tax-deferred.

2) Roll it into an IRA (Individual Retirement Account)

• Often gives you more investment options than a 401(k).
• Still tax-deferred.

3) Leave it in your old 401(k)

• Allowed if the balance is above a certain threshold (varies by plan).
• You just can’t contribute new money to it.

4) Cash it out (not recommended in most cases)

• You’ll likely pay income tax + a 10% early withdrawal penalty if under 59½.

---

Important things to check before rolling into your new 401(k)

Not all plans accept rollovers, so you should confirm:

• Does your new 401(k) accept incoming rollovers?
• What are the investment options and fees compared to your old plan?
• Will you lose any special features (like low-cost index funds or Roth options)?

---

When rolling into your new 401(k) makes sense

• You want everything in one place
• Your new plan has low fees and good investment options
• You prefer simplicity over more control

When an IRA might be better

• You want more control and more investment choices
• Your new 401(k) has high fees or limited funds

---

If you want, tell me:

• your old plan provider
• your new employer plan provider

and I can help you decide the best move specifically for your situation.