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Subject:  Re: Recovering the 401k Date:  3/29/2013  7:21 PM
Author:  pauleckler Number:  71560 of 78165

If you are still within the 60 days, you should definitely roll over whatever cash you have to an IRA. If you do not, you will pay income taxes and penalties on those funds.

Roth IRA contribution if after the 60 day period can be OK to the max for your age group. If funds remain after that, then taxable account invested in the long term buy and hold style (LTBH). You pay taxes only when you sell and then at capital gains rates.

The key to growing your funds is getting a good rate of return on your in