Submitted by Emanresu123p t3_zzfygv in personalfinance
ahj3939 t1_j2btf92 wrote
Setup 401k with new employer and setup a contribution, and then roll over the old 401k.
Emanresu123p OP t1_j2btlrx wrote
Would you think it’s smart to contribute to my new 401k while I’m still building my emergency fund? Shouldn’t I wait and get my emergency fund built asap before looking into my 401k?
ahj3939 t1_j2buyso wrote
I don't think saving for an emergency fund or contributing to a 401k is a dumb idea.
If your focus is emergency fund you can contribute less to your 401k. My idea is you setup the plan and contributions and you can adjust the amount later as a smaller undertaking than having to get setup first.
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