Old 401k
Hi all,
I am a physician who just left my old practice and joined a new one. I have a 401(k) with $250k at my old company. I am just wondering if I should roll it over to my new 401(k) plan or an IRA. I spoke with a planner recommended to me by my new company, and he suggested that I roll over my old 401(k) into an IRA, but of course, they will charge a 1% AUM fee for the first $2 million. I would rather handle my account and avoid that 1% yearly fee.