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Author: ShyCougar Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: Why roll 401K to IRA?? Date: 7/9/2002 7:20 AM
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1. Safety: In the age of Enronitis, it might be a lot safer to get your 401k money into an IRA where you can count on it being there when you retire.

Enron did not steal their employees' 401k accounts. Their 401k accounts suffered only to the extent that the company stock plummeted in value. Enron stock in an IRA was no safer from devaluation.

Shy
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