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Home Personal Finance

Should I keep my former company’s Empower 401(k) or rollover into my new company’s Principal 401(k)? : personalfinance

Should I keep my former company’s Empower 401(k) or rollover into my new company’s Principal 401(k)? : personalfinance
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I’m wondering if I should keep both accounts or rollover the Empower 401(k) into the Principal one? Both accounts have assets with low expense ratios (<0.1% for all, most around 0.01%).

Would there be fees or money taken out of my Empower if I choose to roll it over to Principal?
I have a small amount of my former company’s stock in my Empower 401(k) (about 5%), is there any issue with keeping it if I don’t work there anymore?
In general, is Principal or Empower better or about the same?



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Tags: 401kCompanysEmpowerpersonalfinancePrincipalRollover
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