No. of Recommendations: 0
Hi, I am about to recieve a lump sum pension payout
from a previous employer. I'm 51 yrs.old. I wont
need it for about 10 - 15 yrs. It seems to me that I
wouldn't go wrong by throwing it all into the RP4
and forgetting about it other than the annual
balancing. Right? Can I roll this directly into an IRA
inwhich I deligate those FFour stocks without paying
any taxes? I'm scared. I'm talking about 33k. Any
suggestions from the pro's? Should I start it now in
march or april?


Pick the broker or mutual fund family you want to go with. Tell them what you want to do and set the account up now. Have your company transfer the money directly to the new company as an IRA rollover. (Direct transfer eliminates tax problems, no taxes). Tell the new company that you want the money to go into a money market account when received. You can then transfer money out into your new investments.

Are you scared about taxes? There will be none due when you roll over. If you are scared about investing you might want to do a little more homework until you feel better about investing. You have the right idea about sticking with the market, but make sure you can take the down turns.

Depending on your other assets, your diversification may not be adaquate with the PR4.
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