User wants to see a feature that allows them to easily consolidate their 401k accounts from previous jobs into one account, making it easier to manage and invest.
Hello all! I do not have much knowledge about financial planning but am trying to get my finances in order. I have 401ks from two previous jobs (one has $3k and is eligible for an IRA rollover, but I have not activated it yet ,and the other has about $1k). It's not a substantial amount of money, but I would like to see the two accounts consolidated and making whatever small investments are possible. My current jobs do not provide 401ks, so I don't have a way to transfer the money there. So far, it seems that my options are a traditional or roth IRA, or just keeping everything in the rollover account, but I don't really understand the difference between the options or which would make the most sense financially for me long term. I did read that tax brackets sometimes impact what the best choice is; I made $69k last year and anticipate making around $55k this upcoming year. I would appreciate any advice about what the best plan is for my situation or just general information on the topic as well!