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URL:  http://boards.fool.com/greetings-oombatu-and-welcome-you-asked-11900739.aspx

Subject:  Re: IRA Investments Date:  1/31/2000  9:42 AM
Author:  TMFPixy Number:  18502 of 76238

Greetings, Oombatu, and welcome. You asked:

<<I am thinkiing about rolling my 401k over to an IRA.>>

I assume you are speaking of a 401k with a former employer. In general, you cannot transfer a 401k account to an IRA while you are still working for the employer who sponsors that plan.

<<With my 401k I can select my investments. Can I do the same with an IRA? Do the investment firms select my investments? Does anybody have anybody experience with Vanguard? Any input would be appreciated.>>

If you establish your IRA with a broker in a self-directed account, then you are free to trade in individual securities that you select yourself. OTOH, if you establish your IRA with a mutual fund, then your investments within that fund will be selected by the fund manager.

Regards..Pixy
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