**** 401k sitting idle in Vanguard ****

[JANASENA]

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

[pandemkodi]

Spy qqq or target year funds 

[Jalsarayudu9]

Roll into traditional Ira

if your current employers 401 k is good then roll intoit. Thats another option

[JANASENA]

1 minute ago, Jalsarayudu9 said:

Roll into traditional Ira

if your current employers 401 k is good then roll intoit. Thats another option

deeniki tax kattala bro? 

[Jalsarayudu9]

3 minutes ago, JANASENA said:

deeniki tax kattala bro? 

No need. Talk to vanguard they will help

[vkk]

1 hour ago, JANASENA said:

deeniki tax kattala bro? 

No need. Roling funds form 401k into an IRA is not considered a taxable event. 

[aratipandu]

1 hour ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

then go ahead and invest in some ETFs...what's stopping you?

[yemdoing]

1 hour ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

What do you mean sitting idle ? Like it's in cash ? 

 

Yedo oka fund lo invest chese option ivvatleda? 

[Hitman]

1 hour ago, yemdoing said:

What do you mean sitting idle ? Like it's in cash ? 

 

Yedo oka fund lo invest chese option ivvatleda? 

@JANASENA I have same question... 

[LadiesTailor]

3 hours ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

Rollover IRA.. talk to fidelity or any financial institute and they will setup one… once funds are moved over you can invest in stocks or ETF etc…. 

[Dale]

can someone educate me about IRAs and ETF  please...? vaati valla advanatege emundhi rather than keeping money in 401k?

[Anta Assamey]

5 hours ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

Move it to Roll Over IRA and then you can invest in anything you like...No tax implications...

[Pahelwan4]

5 hours ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

open rollover IRA account and move to it. Then you can buy some index funds or play yourself 

[idibezwada]

41 minutes ago, Dale said:

can someone educate me about IRAs and ETF  please...? vaati valla advanatege emundhi rather than keeping money in 401k?

401klo you will have limitations to select...like you can only invest in indexes...if you changed the employer, you can roll over the 401k from old employer to IRA and you can invest in what ever you want like individual stocks

[RPGPulka]

5 hours ago, JANASENA said:

naa previous employer 401k vested amount is sitting idle in vanguard account. 

what can I do? with it? withdraw chesthey 20%TAX + 10%penalty antunnadu

I want to invest it in some ETFs. 

401k invest chesthe nee contribution and employer contribution etf or stocks mida pettamantaru no