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[quote=Anonymous][quote=Anonymous]I consolidated my old 401(k)s by “direct rollover” into a Vanguard IRA. I put them into a low-cost S&P 500 index fund and just leave them alone. Vanguard helped me do this as a direct rollover, which avoids any potential tax issues. Now I only have current/active 401(k) at the employer and that one Vanguard IRA. Bogleheads.org has great financial advice on average.[/quote] Thanks! Curious why this is this preferred over moving the funds to the current 401k?[/quote]
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