Skip to main content
No. of Recommendations: 0
I have a 401k from a previous employer that I left about 5 years ago. I have invested this money in index mutual funds and have let it sit for the last 5 years. However, I was thinking of moving this into a Traditional IRA. This would then give me the flexibility to invest in stocks. Would this be a good move? I would not be adding any money into the account since I already contribute to my current employer's 401k. I don't think I can take advantage of the Roth IRA since I make more that 95k. Also I am still young... 32, but want to make good investment choices. Any help is greatly appreciated.
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.