Wow, should me husband have his 401k switched to his IRA? I am not as financially astute as I’d like to be?
Neither am I. I was told that you can’t switch unless you
leave the 401K job. I don’t know what to do about mine
either, but since I’m 59 1/2 I might have a few more
options than younger person. Good luck trying to hang on
to what you’ve saved so far.
I think you stay in at this point, 3rd quarter 2009 would be the time I look to sell and or change. The reason is 2010 is when the Bush tax cuts sunset, and everyone will be getting out, 3rd quarter of 2009 should offer an upswing, even if artificially induced by one term novelty candidate, long term we need low tax rates for real economic growth