RE: 401K or Roth IRAs

Gina - posted on 02/14/2010 ( 1 mom has responded )

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Does any of you stay-at-home moms out there have a 401K you are putting money into or Roth IRA? If so, how should we go about it to afford it? I have a 401k from my old job, but can't put money into it now because I don't work there any longer. So now I have to switch it over to something in order for me to put money into it. Does anyone know what the best option would be to put it in or rollover to? Thank you!

Gina

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Elizabeth - posted on 02/15/2010

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I'm rolling my 401K into a roth IRA. You should talk to your local banker about your options.

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