Skip to main content
No. of Recommendations: 0
I recently switched jobs so I have my old 401k sitting at my former employer. This is what it looks like.

401(k) from previous employer: I only contributed in 2005, maxed out that year. $14,000 + $3,600 matching contribution = $17,600. It is spread between 6 mutual funds (my only choices) and Company Stock. The mutual funds are (rounded %'s):

REREX - Foreign Large Blend (MSCI EAFE) at 11%
BGRFX - Small Growth (Russell 2500 Growth) 26%
PCVAX - Small Value (Russell 2500 Value) 26%
RGAEX - Large Growth (Russell 1000 Growth) 24%
VINIX - Large Blend (S&P 500, this is not VFINX) 3%
CSDIX - Specialty Real Estate (Wilshire REIT) 5%
Company Stock 6%

Given the seemingly unanimous consensus that mutual funds = evil, I wonder if I would be better served by converting this to a Rollover IRA (I don't qualify to convert that into a Roth unfortunately) and then using the proceeds to buy ETFs instead.

Also, what are my options for the Rollover IRA since I can't convert it to a Roth? Can I convert it to a traditional IRA (or are they the same thing)? And, most importantly, when will I pay taxes on my Rollover IRA? When I cash out?

Thanks in advance!
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.