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Subject:  SIMPLE IRA, rollover or not? Date:  5/11/2001  4:25 PM
Author:  goob100 Number:  29638 of 88063

I have a company sponsored SIMPLE IRA. The bussiness was sold, and the new owner will be setting up another SIMPLE IRA with another firm. I have the option of rolling over everything into this new account, but i am unsure if it would be a wise choice. My old account is with Solomon Smith Barney, and it uses their funds, which have not performed to well in the past year. should i just let the account remain open until the value of my existing shares rise, and then rollover? Would a better option be to just cut my losses and rollover to my new employers plan and put it in a good index fund?


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