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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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Stupid 401k question
I've got an offer on the table for a new job with a new company, but they currently do not have a 401k program set up, such as my present company does. I have a pretty good chunk of money in mine and would like to not have to cash it out if possible. Anyone know what options I have? Can I roll it into an IRA and keep the tax deferrment?
If I decide to take this new position (it's pretty enticing) and worse comes to worse and I have to cash it out and get raped on the taxes, I guess I'll take the payoff and open a stock/options/futures trading account with it so it still represents investment money rather than play money, but I'd prefer to keep it in retirement-type funds and tax-deferred if possible.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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