Left my 401k job for one with a pension. What to do with the 401k?
Quick context: I’m 29, and have ~$19,500 (fully vested) in a 401k. It’s all in a target date fund. I make $79,000 a year rn.
About a week ago I started a new job that comes with a state pension. Some I’m wondering what the best options are for my 401k account. Definitely willing to roll it into something I can still contribute to.
The new job offers supplemental retirement plans—a 457(b) and a 403(b) for those who are interested. Would those be the best options or are there other investment options that would better suit me?
My priority is low-maintenance growth. I’d like be able to set it and forget once I decide on the best account type. I’d rate my risk tolerance probably a 7.5 or 8 out of 10.
So with all that in mind, any one have any advice on how to best handle that 401k account?