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Brown Cafe UPS Forum
UPS Retirement Topics
Just started my 401k, thoughts?
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<blockquote data-quote="barnyard" data-source="post: 1218190" data-attributes="member: 13921"><p>You can, but you pay the taxes when you switch. </p><p></p><p>I rolled all my previous 401k accounts into a Roth account and now contribute to that every week. That account is managed by an Edward Jones guy. He looked over the Teamster 401k plans and suggested my mix based on what I was putting in the Roth, how much stock and am buying and all that. Our mortgage is shrinking rapidly and we are thinking when the house is paid off, buying a rental, while we are still used to making house payments will be our next move.</p><p></p><p>I am investing as if I get a very minimum, if anything from the Teamsters.</p></blockquote><p></p>
[QUOTE="barnyard, post: 1218190, member: 13921"] You can, but you pay the taxes when you switch. I rolled all my previous 401k accounts into a Roth account and now contribute to that every week. That account is managed by an Edward Jones guy. He looked over the Teamster 401k plans and suggested my mix based on what I was putting in the Roth, how much stock and am buying and all that. Our mortgage is shrinking rapidly and we are thinking when the house is paid off, buying a rental, while we are still used to making house payments will be our next move. I am investing as if I get a very minimum, if anything from the Teamsters. [/QUOTE]
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Just started my 401k, thoughts?
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