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REDDIT

IRA from a previous employer

E
Jan 17, 2026 · 02:58

Previous employer set up an employer matched IRA that I contributed to until I left the job. The account has $14000 in it but has been sitting for three years (since I got a new job) and Vanguard has since changed it to a Money Market account. I actively contribute to my 401K so this is not my only retirement account, but both my wife and I have our 401Ks through Fidelity.

What is the best way to reinvest this money instead of just letting it sit? Just dump it into a targeted retirement? I’m not huge into investing (obviously) besides contributing to 401Ks, so I don’t really want to babysit it.