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http://boards.fool.com/greetings-oombatu-and-welcome-you-asked-11900739.aspx
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| Subject: Re: IRA Investments | Date: 1/31/2000 9:42 AM | |
| Author: TMFPixy | Number: 18502 of 72282 | |
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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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