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Financial Planning / Foolish 401(k)s
|Subject: ira rollovers||Date: 11/1/2000 8:09 PM|
|Author: acupunctureone||Number: 9768 of 25247|
When I left my previous job to start my own business I rolled my 401k into another companies mutual funds as an IRA rollover.
Can I become truly Foolish and have these previously untaxed funds deposited into stocks of my choice without any tax consequences ???
I am of course not planning on removing the cash, just moving my funds into stocks of my choice instead of the mutual funds where the money sits now.
I am unsure if money from an IRA plan can be placed in any investment or only another IRA based fund.
thanks for the input... I am a definate newbie but plan on being around a while (another 40 years at least !)
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