I switched jobs the first week of November. The previous company matched $1.20 for every $1 I put in up to my contribution of 10% (22% total).
My new company matches $0.50 for every $1 I put in up to my contribution of 6% (9% total).
So, couple questions.
1) What to do with my existing 401k? I've heard about rolling it into IRAs, Roth IRAs, or into my new 401k. Thoughts?
2) I need to contribute 13% more of my pre tax salary to some retirement to match my old contribution rate. Where should I put that money - 401k, Roth IRA, IRA or somewhere else (don't tell me to put it in my boat...I'm fighting that temptation enough already!).
Any advice, from investing pro's or average joes, is much appreciated!