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re: 401k from previous job

Posted on 1/18/11 at 3:22 pm to yellowfin
Posted by 12Buck
Baton Rouge
Member since Jul 2005
592 posts
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Posted on 1/18/11 at 3:22 pm to yellowfin
This only makes sense if you have cash on hand to pay the taxes on it. Maybe you do, but I don't think this is sound broad based advice at all.
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Posted by yellowfin
Coastal Bar
Member since May 2006
97806 posts
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Posted on 1/18/11 at 3:37 pm to 12Buck
Correct, but it's great advice for anyone that can afford to do it. I'm rolling everything before the end of the year.
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