Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
401(k) Stuff
So I have a bit of money sitting in a former employer's 401k account and wondering what I should do with it. I looked into rolling it over to my current employer's plan, but I haven't decided (obviously). I can roll it over to a retirement account at USAA.
A bit of background- I'm 27, married, and use loans out of the account on larger purchases.
Any suggestions?
401(k) Stuff
Vanguard has always been good to us.
Do you have a Roth IRA? If not, one thing to consider is to withdraw this years limit from your 401k, pay the tax and penalty, and work on maxing out the Roth every year from now on.
A bit convoluted but here's how your max contribution to a Roth is calculated.
http://www.irs.gov/Retirement-Plans/...-Make-for-2012
Think inflation, 4 more years of printing money. Good luck.
It's better to die upon your feet than to live upon your knees!
There would be far fewer millionaires in this country if they had worried about inflation when investing for retirement.Originally Posted by Madusa
Think inflation, 4 more years of printing money. Good luck.
+1 for a Roth IRA. Pay the taxes now and not later.
Roll it over....
You should buy a bunch of ar-15s
A safe, full of silver dollars, or ingots.
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