The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Combine accounts? Date:  1/9/1998  2:07 PM
Author:  TMFPixy Number:  1164 of 88504


<<Please forgive me for wording my original question poorly. I was indeed talking about rolling a 401k from a former employer into an *existing* IRA... in other words, mixing the money. I had heard the disadvantage to this was not being able to roll that money *back* into a future employer's 401k plan.

So my question was: Why would I want to do that anyway? Other than the loan thing (which I agree with you about, I'd never want that), what other advantage could there be to rolling that money out of the IRA (which I can invest as I wish) and into another 401k? I gather from your reply to me that there is no advantage.... and I should be able to mix this money without worrying about it.>>

There's nothing to apologize for, and you understand my views correctly. In very rare instances you might get a better return in a future employer's plan and you might want the ability to borrow from a 401k (which you can't do in an IRA). But I believe I can do better investing on my own, so I don't worry about "tainting" the 401k rollover with other money.


Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us