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Author: MoneyBee One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Re: 401k Allocations Date: 5/22/1998 2:56 PM
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>>>>Also, I have read in other messages about people using self directed IRA's for rollover of 401k funds,Also, I have read in other messages about people using self directed IRA's for rollover of 401k funds,<<<<<

Even though you can't roll your current contributions into an IRA you might be able to contribute to either a non-deductible or Roth IRA if you are under the income limitations and thus have the start of another tax dererred account. For the issue of whether it will benefit you to have a second tax deferred account read this post from Pixy http://boards.fool.com/registered/Message.asp?id=1040013000806003&sort=postdatehttp://boards.fool.com/registered/Message.asp?id=1040013000806003&sort=postdate

I have had an 401k and I contributed to an IRA because for me it made sense.

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FoolBee
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