So when you roll a 401k, I know it’s not a taxable event but I guess I never realized that I’m still selling and buying new in the new account.
All this time I thought it stayed in the same stocks, just different financial institution holding it. But then again I’ve never had to roll anything before!
I quit my job in March and I have avoided doing it, but I need to get it done. Moving from Transamerica to Vanguard. Should I just open a new account at Transamerica instead. Or does it not really matter?