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URL:  https://boards.fool.com/401k-rollover-ira-then-what-11191891.aspx

Subject:  401K Rollover IRA - Then what? Date:  8/25/1999  6:05 PM
Author:  Writur Number:  13451 of 100127

I'm trying to plan my account investing, and would appreciate suggestions based on my situation, 33 and basically just starting.

I'm rolling my old 401k into an IRA, will FF it, and I've started a 401k with my new employer. Since I have a 401k, putting future money into the IRA doesn't save me taxes, but starting a Roth IRA is attractive because the gains are tax-free.

The new 401k company matching is small, and after putting in enough to get the matching, I'll have about $4000 more to invest. So, the next $2000/yr go into the Roth, which maximizes my IRA contributions, so that leaves me with $2000+/yr left to invest ... uhm ... help? Buying some arachnids (SPY) was one good suggestion, and now that I've done more reading, I'm looking for other suggestions before deciding. Open another FF account? Open a Rule Maker account? Am I missing other Foolish options?

Thanks for any suggestions!
Fool On!



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