I have a 401k from a previous employer with about 75k that I'm going to be rolling over soon to a new company.
Is there any benefit to holding onto the rollover check, assuming the stock market might be taking a hit within the next month or so?
I'm assuming the check will only be valid for 90 or 180 days.
Like, if I get the check issued from my 401k now, the market goes to shit for the next couple months, and then deposit it into my new jobs plan, would I potentially save a huge hit to my 401k?
On mobile, sorry for formatting/grammar issues.
Thanks for any guidance that may come my way.