sanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month agoSpaceX stock drops to a new low and loses $1 trillion in value in a monthwww.businessinsider.comexternal-linkmessage-square134linkfedilinkarrow-up1749arrow-down116cross-posted to: technology@beehaw.orgbusiness@lemmy.world
arrow-up1733arrow-down1external-linkSpaceX stock drops to a new low and loses $1 trillion in value in a monthwww.businessinsider.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 1 month agomessage-square134linkfedilinkcross-posted to: technology@beehaw.orgbusiness@lemmy.world
minus-squareFermion@feddit.nllinkfedilinkEnglisharrow-up74arrow-down3·1 month ago401(k) is managed by the employer and you can only pick from the funds they have selected. That really doesn’t leave much choice for most people. That’s why people should consider doing a rollover into IRA anytime they have a job change and not just rollover into the new employer’s 401(k).
minus-squarePacattack57@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down39·1 month agoIt’s not like it’s stocks. It’s index funds and you can get a list of the funds offered. I don’t think I’ve ever seen an index fund that included SpaceX
401(k) is managed by the employer and you can only pick from the funds they have selected. That really doesn’t leave much choice for most people.
That’s why people should consider doing a rollover into IRA anytime they have a job change and not just rollover into the new employer’s 401(k).
It’s not like it’s stocks. It’s index funds and you can get a list of the funds offered. I don’t think I’ve ever seen an index fund that included SpaceX