What to do with funds in 4 previous retirement accounts?

[Anonymous]

I have money in several (four) financial investment institutions. They were all mainly as retirement benefits packages through past jobs. None have any more than 20K. I currently actively contribute to my work retirement plan, and a ROTH IRA account. So the other 4 accounts I don’t contribute to.
What should I do with the four funds, leave them as is, or consolidate? Which one do I consolidate to? Any advice, or books, reading material on how to address this will be appreciated.
Thank you.

[Anonymous]

I'd go to fidelity.com and call the 800 phone number listed. They're very helpful and can rollover all your retirement money. Others here recommend T Rowe Price and Vanguard.

[Anonymous]

We rolled them into one account and work with a financial advisor.

[Anonymous]

I rolled several past funds into a fidelity rollover account. Easy to do and it makes it a little easier to manage and keep track of. It is separate from my current active account, and I still have one other that I chose not to roll to fidelity. I have actually kept all these separate from the accounts we have invested with our financial advisor.

[Anonymous]

Anonymous wrote:We rolled them into one account and work with a financial advisor.

Us, too.

[Anonymous]

Anonymous wrote:We rolled them into one account and work with a financial advisor.

+1

[Anonymous]

Hopefully you have your Roth IRA with a low-cost place like Vanguard or Fidelity. Just roll them all over to one account, and then it will be much easier to track. It's a bit of a pain to do the paperwork, but then it's much easier going forward to only track the 1 401k and 1 Roth IRA.

[Anonymous]

Would anyone recommend rolling everything into TSP? I haven't been a fed that long and am not sure about TSP and its performance.

[Anonymous]

Anonymous wrote:Would anyone recommend rolling everything into TSP? I haven't been a fed that long and am not sure about TSP and its performance.

Rolling things into TSP is a perfectly fine option. TSP has rockbottom costs, and adequate fund options. However, if you have a Roth IRA, or think you might want to convert a prior retirement account to a Roth IRA, then you can't/shouldn't do it. Also, if there are specific funds that you want to invest in then you shouldn't. I have seen some comments that TSP's int'l fund is a little limited, excluding emerging markets and small caps, so that might be another reason to have some investments outside TSP.