Transferring your 401k to next employer or IRA – my reply to a Dave Ramsey YouTube viewer comment

David Boozer before doing a rollover do an analysis on it because most people who rollover take a loss and Dave don’t teach that and also analyze the new plan and or ira the ask might be when to rollover into a 401k or ira all 401k you see the balance but you need to know your invested amount also your back could be $10k but the invested amount can be $12k also your investment might be paying dividends next month then you need to take that into account. Dave only teaches the information that you can find in the internet but not the mechanics of how to do it. Good luck

Conservative Prosecutor you can rollover a 401k to a next employer and NO you can rollover it over to a ira or Roth IRA but most likely you will do the ira rollover

Dave Ramsey Bad Advice on 401k Loan and not giving all the facts

Dave is not telling the whole truth it’s the plan if you have a lot of money in your 401k and have a high interest loan borrow from your 401k is an investment also to land can allow you to repay the loan if you leave the company. Dave does not know this lol poor you all who listen to him lol face just teach the basics but not the whole truth learn for yourself people

Taking a 401k loan is not stupid you need to know your plans and I will not get the insurance. You have to know mathematics and never say never Dave