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Subject:  Re: Old IRA versus New 401k Date:  1/29/2000  7:51 PM
Author:  ROBBDOE Number:  18446 of 100373

Keep the 2 accounts you have and max out the 401k. It will let you reduce your taxable income and you can use the tax savings to fund your rollover IRA (old 401k money) and continue to persue the Foolish 4. As for converting I prefer a Roth to A traditional IRA. I like the fact that the money is tax free and that the principal is always available. You would have a good size tax bill for the rollover so run a calc. and see if it is worth it. Fool on.
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