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05-08-2012, 11:57 AM | #2 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $2284734
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Get Ameritrade or Schwab or Vanguard. They all have instuctions for rollover.
You won't be able to take it out, but you may be able to use it as collateral for a loan, that is a question for your lender. |
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05-08-2012, 12:16 PM | #3 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $2205105
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dude, buy silver or copper, don't put anything into 401K's. I have a feeling that with the coming depression and mass inflation, people aren't going to get anything from their 401Ks. Or, with it being tax deferred, taxes could very well be significantly higher than now in 30 years.
IMO, that's the absolute worst way to prepare for retirement. Stock up on precious metals if you ask me, as the dollar goes down, the value of metals will only go up.
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05-08-2012, 12:23 PM | #4 |
2 Legit 2 Colquitt
Join Date: Sep 2010
Casino cash: $4475754
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Does your current employer not offer a 401K? A Roth IRA and a 401K are two different things.
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05-08-2012, 12:27 PM | #5 | |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9785019
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Quote:
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05-08-2012, 12:28 PM | #6 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $2205105
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I won't feel bad for you when you don't get a dime when you are ready to retire
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05-08-2012, 12:29 PM | #7 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9785019
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05-08-2012, 12:29 PM | #8 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9785019
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05-08-2012, 12:34 PM | #9 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $2205105
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Doom or no doom, precious metals are always a good investment with absolutely no risk. I was trying to give you good advice. I wouldn't ever put a dime into 401K, if it hasn't already happened, our government will take over 401K's and IRA's and your retirement plan will be thrown out the window.
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05-08-2012, 12:37 PM | #10 | |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9785019
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Quote:
Precious metals are a good security to hold. |
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05-08-2012, 12:40 PM | #11 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $2205105
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well I make some cents, I'm not poor or anything, lol
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05-08-2012, 12:44 PM | #12 | |
Banned
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $10049239
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Quote:
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05-08-2012, 12:44 PM | #13 |
Please speak your mind
Join Date: Feb 2006
Casino cash: $10010402
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Terrible advice. Hope no-one listens to this tripe.
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And the leaves of the tree were for the healing of the nations Revelation 22:2 |
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05-08-2012, 12:51 PM | #14 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9785019
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Gold will be down 50% in 5 years.
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05-08-2012, 12:53 PM | #15 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $2205105
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ok, trust our government to handle your savings. let me know how that works out for you.
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