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So here I am, 26 years old, and Foolish enough to be spending time thinking about my retirement. I recently changed jobs, and have about $5,000 in a 401(k) account with my previous employer. In a few months, I'll be able to take part in my new company's 401(k) if I so choose. Here's the dilemma. The 401(k) here contains no index funds. We have a raft of Kemper mutual funds available. I understand that I could roll that money into an IRA or a ROTH IRA - I'w under the income cut-off. But doing that involved taking a tax hit now. Am I better served by moving my money to the new 401(k) and guessing at the best funds in the basket, or by dropping my $5K plus $2K/yr. into a F4 port in an IRA? Any help would be appreciated.

P.S. I did send The Letter to our 401(k) plan administrator advocating index funds.
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