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Mcglk asks:

<<I still have a 401(k) lurking at my prior place of employment, which I left amicably about two years ago. Since then, I've been building a modest Web consultancy, but still don't have anywhere to put my 401(k).

Worse, I had done some careful analysis on which mutual fund to put my money in; of the choices available, there was one that had the best historical trend: Brandywine (BRWIX). So I stuck it all in that---and it, to put it as politely as I can without removing the nuance of its performance, sucked as though a hole had opened into intergalactic space. It didn't take advantage of the bull market at *all*. And you can believe that it *really* bit during the Big October Plummet this year---and didn't really take advantage of the comeback. Oh, my, the odious performance.

So it's coming up to the time when I can shift my funds around. I'd love to be able to pursue an RP4+ strategy with these funds, but I don't know if there's a way I can finagle them into a 401(k) that permits that, or whether I should look into getting hold of a Roth IRA (can *that* be engineered around a RP4+ strategy?) or some such.

Any advice? I'm planning on talking with my accountant about this, but could use some guidance on some basic research before I do, so I know what questions to ask.>>


There's no reason you shouldn't be able to move that old 401k plan to a self-directed IRA at a broker of your choice. Once there, you may implement virtually any investment strategy you wish. Just pick a broker and tell that agency you wish to do a direct transfer of your 401k money to a self-directed IRA. Tell your 401k plan administrator the same thing. Both will have you complete a form or two and return them. Then the plan custodian will send the money to the new IRA custodian and you're set to go. The custodian-to-custodian transfer will avoid any and all tax hassles that could be involved if you had the 401k money sent to you and you then rolled it to the IRA.

Regards…..Pixy
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