No. of Recommendations: 2
Im 28 and started investing this past year and I know firsthand how confusing investing can be. In my opinion, I would transfer both IRAs into a Scottrade Roth IRA. They will help you out on transfering the funds. I would only contribute into the employers plan if they were matching and/or I had money left to invest after the maximum $3000 into the Roth. When you retire you wont have to pay taxes on the income from your Roth. Even though you dont have a tax deduction I think its the best way to go. Besides Ill worry about that when Im in ahigher tax bracket and cant have a Roth. Well whatever you decide to do, best of luck.
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