Im about to take my job retirement to a new job or should i look at other greater returns. what are my options

Question

Im about to take my job retirement to a new job or should i look at other greater returns. what are my options

Answer 1

You need to clarify what sort of 'job retirement' money you're talking about.

If we assume you're talking about a 401k, in most instances you'll be better off rolling over that money into a 'Rollover IRA' rather than putting into your new employer's 401k.  For one thing, in the 401k you will be restricted to the few choices your new employer gives you, while in the IRA you can invest the money in any stock, bond, ETF or mutual fund (and other choices as well).  If you do this, when you select an online brokerage or a mutual fund company to set up the Rollover IRA, make sure you select the right forms to rollover the 401k money correctly.