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Money Plan SOS

The no-debt approach to living a full life in a country addicted to credit cards, car loans, and an unrealized bondage to “building a good credit score”.

This show will make you think differently about the way we handle money - while also encouraging you to save and spend wisely.

This feed offers the 200 public releases of the Money Plan SOS podcast, plus bonus recordings never heard before on Apple Podcasts, Spotify or Google.

Enjoy! And pay attention - not interest!

The Money Plan SOS podcast was retired in December 2015, the month Steve and his wife paid off their mortgage!

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  2. What should I do with my old 401k?

What should I do with my old 401k?

Oct 10, 2014

#165: Lisa left her job for another. She could have rolled her old 401k into the new plan, but she wanted more options.

Full show notes and resources at https://moneyplansos.com/what-should-i-do-with-my-old-401k-mpsos165/

What should I do with my old 401k?

Lisa Emperador is a young professional who changed jobs after accumulating $8,000 in her old 401(k). She had several options for what to do with the money.

Lisa has a bunch of debt and could have cashed it out to pay down a car loan or credit card debt. Instead, she chose to roll it into a ROTH IRA managed through Betterment.

Was this the best option? Listen to the interview to find out if she regrets the move or is happy with her choice.

What would you do?  

Thank you for listening. Keep fighting your debt!