Fidelity’s rollover IRA and 401k

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W.W.D.D.?

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Hello! Happy Friday!

Can I combine my Fidelity rollover IRA into my empower 401k into one account without paying a penalty?

I started my Fidelity when i worked in a company that didn’t offer a retirement plan a long time ago then I moved to a company that offered a 401k so I just focused on my 401k. If I combine them both, it will amount to $100k and I thought it would help me reach $1M faster.

I saw this YouTube video

That’s why I’m asking.

I appreciate your input.

Edit: also, I like my current job so I’m willing to combine my rollover IRA into the 401k.

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Posted: 1 month ago
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