The Motley Fool Discussion Boards
Financial Planning / Foolish 401(k)s
|Subject: Re: 55 year old rule||Date: 6/14/2013 12:50 AM|
|Author: whyohwhyoh||Number: 25063 of 25316|
The downside of moving funds from an IRA to a 401k is that you are stuck with the investment choices and rules of the 401k with few options.
In my 401k (troweprice) I can trade in stocks along with ETFs, although I don't believe I can trade in options or short sales or penny stocks. But I haven't really partaken in those much. So not much of a downside.
Upside is the backdoor Roth, and potential to access funds freely at around the age of 55.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|