IRA Rollover

Posts Tagged ‘finance’

Question: What do I do with my old 401K, invest in IRA or rollover into new 401K?

I recently switched jobs and have 3500 in my old companies 401K but since it is under 5k they are making me close the acct. Shoudl I roll it over into my new companies 401K (which I wont be able to do until march) or do I invest in a Roth IRA?

Answer: Roll it over into a Rollover IRA. From there, you can transfer so much into a Roth IRA over the course of a few years.

How To Rollover 401k Into Self Directed IRA?