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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Tom C who wrote (6500)	11/17/2010 7:41:14 PM
From: JimisJim	Respond to of 34328

Actually, I am still working as a self-employed consultant (with only one client, my former employer, from which I resigned last year rather than move to Houston) and the 401K is a remnant from my previous employer... Which, now that I regain my senses, does indeed mean that I can roll it over directly into a new IRA or existing one. I don't know what I was thinking because that's exactly how I created my largest IRA, by rolling over a much larger 401K from a long ago employer to a new IRA. I guess I was still thinking in terms of a ROTH, but my first goal would be to simply get better investment options than the 401K offers and I could easily do that by rolling it over to an IRA. Thanks for reminding me of the most obvious option. FWIW: I'm now contributing to a Keough as a self-employed individual. Jim