Tag Archives: Finanical Planning Tip

Log into that old investment account, especially if it is a former 401k

After we leave a company or old employer, usually we rollover all of the funds, exercise the options, sell the stock and ride off into the sunset ….

We know, never look back or live in the past….

Onward and upward …

Wait just a second! 

Log into that old Account(s)Old Investmetn calculator-1277492__340

It is a healthy exercise to take a peek at all old accounts a few months after they have been “supposedly” closed and then once more after the beginning of the next year.

There may be a nice present in there…

  • Dividends pay after the closure
  • Profit sharing matching or even contributions beyond your employment departure date
  • Interest Credited
  • Stock matching contributions

All of these are frequent reasons there may be a remaining balance in that old account. It is worth a check, just to be safe.

Have a Great Friday!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
www.jkfinancialinc.com
www.street-cents.com