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URL:  https://boards.fool.com/i-just-started-a-new-job-and-i-dont-know-if-i-10352725.aspx

Subject:  Re: New Job: What to do w/ old 401K? Date:  10/4/1998  10:27 PM
Author:  rjm1 Number:  5824 of 105369

I just started a new job and I don't know if I should roll my old 401K over directly into my new
employer's 401K or if I should put it in a IRA. I need some Foolish advice.


I think there are two considerations. First if you roll to the 401k and that plan lets you make loans you have a potential advantage. However, if you roll to an IRA you can convert to a Roth which at your age is probably the way to go. Based on the info you gave I would go to an IRA to start.
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