“Move the same holdings into a traditional IRA or 401k… that income compounds tax-deferred”
AK
Amanda Kish
Motley Fool Hidden Gems Investing ·
The Ramsey Show · Simple Habits Create Lasting Peace
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Recommends consolidating multiple 401(k) accounts into a single traditional IRA to simplify management
“Move the same holdings into a traditional IRA or 401k… that income compounds tax-deferred”
“Tax simplifies because if you're using a fund of fund, it's all managed through that one fund… your tax next year is going to be more complicated with multiple ETFs.”
“We recommend a gong hit for every single dollar of revenue that comes in”
“People just said to me, can you tell me about this GL account, but across every single entity? ... get that information so quickly and put it into some really easy reports that also roll over easily every month.”
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