|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
https://boards.fool.com/rollovertransfer-11230118.aspx
|
||
| Subject: Rollover/Transfer?? | Date: 9/6/1999 8:08 PM | |
| Author: Mikis123 | Number: 13751 of 100959 | |
|
In April of this year I rollovered my 401K to a Mutual Fund IRA. Since then, I've been learning alot on this site as well as reading books about investing and decided that I would like to transfer my IRA account to a discount brokerage and invest in the F4. I thought that I read somewhere that once you do a rollover you have to wait at least one full year to roll it over again, but you can transfer as many times as you'd like. Would this be considered a rollover and do I have to wait until April 2000 to begin the F4 plan? One more question: I understand that when you rollover your 401K to an IRA you shouldn't contribute any more to that account in case you decide to roll it back over to a 401K plan with your new employer. Since I have no intentions of rolling it into a new 401K, is it ok to contribute to this account? Or is it better to open a separate IRA account? Thanking you in advance for your help. Miki |
||
| Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||