Thread: Investing 102
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Old 09-03-2014, 07:06 PM
WSSix WSSix is offline
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Roth IRA or Roth 401k are fantastic if available to you. I don't really have anything to add that hasn't already been said expect to second the be patient part. I do hope though that someone has mentioned to you that you shouldn't move the old 401k until you have decided on what account to put it in. It must also go directly there meaning under no circumstances should your 401k money come into your hands before going into whatever new retirement account you choose. It must be an institutional transfer or you will get hit with taxes on that 401k money. Good luck. Keeping reading and asking questions.
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