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401K from a Previous Company? LogicaL Chaos 12/23/23 04:25 AM
. * * Re: 401K from a Previous Company? geokillsA   12/24/23 10:05 AM
. * * Re: 401K from a Previous Company? LogicaL Chaos   12/24/23 07:22 PM
. * * Re: 401K from a Previous Company? feevers   01/04/24 02:26 PM
. * * Re: 401K from a Previous Company? Shroomhunts   01/08/24 11:38 PM
. * * Re: 401K from a Previous Company? geokillsA   01/09/24 09:45 AM
. * * Re: 401K from a Previous Company? LogicaL Chaos   01/25/24 05:45 AM
. * * Re: 401K from a Previous Company? mndfreeze   01/25/24 01:31 PM
. * * Re: 401K from a Previous Company? LogicaL Chaos   01/25/24 01:52 PM
OfflinegeokillsA
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Posts: 23417
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Re: 401K from a Previous Company?
      01/25/24 03:03 PM

Roll it over into a self-directed IRA account at Schwab or wherever you want really... there shouldn't be any fees and you can continue to let it grow through retirement.  $1500 may not seem like much, but given the S&P's 10.7% average annual return over the past 30 years, you're lookin' at that $1500 growing to over $62,000 in 35 years at that 10.7% annual compounded rate.

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