401K

[nuteboy]

I'm currently with a very large Fortune 500 company and have developed a pretty good 401k account.

I've been with this company for four years but looking to move on as I'm interested in obtaining a management position.

When selecting another company, should I include my current 401k as compensation? In other words, should I include that into my expected salary?

Also, should I confirm that the company i'm joining has equal 401k value as the Fortune 500 company I'm with?

In other words, I have a good 401k with this Fortune 500 company and if i leave to work for a less valued company could I lose on my 401k investment when rolling it over?

If so, should I ask for more compensation ( salary) to make up for the lost?

thanks guys.

 

[Got Juice]

nute, im not 100% sure, but i think it all has to do with the company you are currently with.. if you need 4 or 5 years to be fully vested, etc.. i think most companies around around 4-6 years to be fully vested.. my opinion, if you are close to being fully vested ride it out another year if you have to.. you could lose all your companies matching or part of it depending if they will give you a percentage or not.. also, when you roll your 401k over as long as your are vested you wont lose any money to my knowledge..

i highly doubt another company would shell out 20k basically as a sign on bnous or what not, im not sure how much cash you are talking, but you never know i guess..

later,

 

[nuteboy]

nute, im not 100% sure, but i think it all has to do with the company you are currently with.. if you need 4 or 5 years to be fully vested, etc.. i think most companies around around 4-6 years to be fully vested.. my opinion, if you are close to being fully vested ride it out another year if you have to.. you could lose all your companies matching or part of it depending if they will give you a percentage or not.. also, when you roll your 401k over as long as your are vested you wont lose any money to my knowledge..

i highly doubt another company would shell out 20k basically as a sign on bnous or what not, im not sure how much cash you are talking, but you never know i guess..

later,

Thanks for the follow up. I'm actually fully vested in five years. Therefore I have one year and four months before fully vested. If that's the case, I'll hold tight and ride it out.

Thanks bro.