Aug 12, 2008

IRA

I just opened my new IRA account! Since I am leaving my job, I decided to take my 401k with me and put it into an IRA. This way, I can keep adding to it and invest however I want to. I don't have a whole lot of money in it right now, but I think it'll be good to get it in some funds while the stock market is down, so I can get lots of shares on the cheap. Then once all the money rolls over, I want to turn it into a Roth. It was cool-- the guy I called to set all this up was so nice, and he really helped me out with all my questions. Now all I have left to do is fill out the paperwork I got from HR and give that back, to have all my funds emptied out and my 401k closed. I really hope all this goes smoothly!

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