Thread regarding Lowe's Cos. layoffs

Former LP 401k

For those former LPs who are no longer with the company, what are you doing with your 401k you had thru lowes?

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| 811 views | | 2 replies (last March 19, 2019) | Reply
Post ID: @OP+Y9R9WHm

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Definitely roll it over! Its not worth taking it out and losing 50% in taxes.

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Post ID: @ibr+Y9R9WHm

Going to roll it over to my credit union and ditch Wells Fargo.

Just need to do it on a day that the value has the highest amount if you have invested a percentage in stock.

Your bank can advise better for options. If you take it out and use it it's taxed pretty heavily on next year's taxes.

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Post ID: @vrm+Y9R9WHm

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