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 What is the stock market??
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 Where do i get a Private investor?
I have some ideas some I have taken through to the prototype and others are still on the drawing board, my question is I need to get ether a private investor or I need to get a partner.

W...


 How to be a millionaire?
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 What types of investment were you most successful or least sucsessful in?
What type of investments will be successful in the future? Any ideas?...


 Is it worth paying for stock advise newsletters?
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 What is the best way to start stock trading?
Any recommendations and tips?Suggestions will be appreciated as I will be beginning to trade for the first time,thanks !
Additional Details
what is the safest amount for a beginner to ...


 I want to invest £15k in a savings account for my children - where will i get the best return over 6 - 8 years
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 Is my attitude right or wrong.....i am confused please advice me as much as you can?
Hi All,
I am 26 years old and i come from an indian middleclass family. I have a desire to marry a princess kind of girl. I have a feeling that it's money accompanied by beauty, gud ...


 If i give a check with no funds?
what happens? if they tried to deposit it 3 times already and i didnt have the money in the bank? i had it but they took about a week or so to deposite it and now i cant come up with the money.i keep ...


 Is there any age too young to start investing?
I am 16 and am investing a few thousand dollars in the stock market. I invest wisely, but in today's market sometimes loose some money. In your opinion, should I still be letting my parents do ...


 Investing 5k need help?
Hi, im looking to invest money, currently I have a savings account that gives me 3.6% interest monthly. Im going to build it to around 5k and then invest. Looking for something similar to a savings ...


 I need to invest 80-100K from the upcoming sale of my home, how should I invest it?
I don't know much about mutual funds, but I'm told if I were to invest 100K over 10years there would be about 400-440K. This was assuming roughly a 15% return per year. I was told this is ...


 What should i buy????
i just got paid.......what should i buy with my money?...


 Prediction for the Dow in 2007?
Its 12500 now.....anyone think 15000 by year end 2007?...


 Stock market after the election.?
what to u think after the election will the stock market will go up or down. is it a good idea to buy stock before the election in hope of the stock market will go up after the election. personally ...


 What's the best way to invest small amounts of money?
I'd like to have some type of investment that I can just drop in 5 or 10 bucks every once in awhile online, without getting any fees while the amount is smaller. Should I use a savings account, ...


 What is the best way to invest for retirement while keeping those funds insured.?

Additional Details
I already have 50% invested in the market....


 Why do bears sneak up so quite & quickly?
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 Buying gold to stop the loss of my savings, due to the Dollars decrease in value?
Would it be wise or stupid to do that?...


 What is share market?
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Amanda C
New job not eligible for 401k yet. Rollover help please?
I just started a new job and I'm not eligible to contribute to 401k for a while and have an existing untouched one from old job. Can I roll this into a rollover IRA and still contribute my own money to it in the meanwhile and then roll it into 401k account once I become eligible at my new job? If not what options do I have to keep contributing since I will have 2 years before I can contribute via my new job?
                     
 




digdowndeepnseattle
Rating
earlier posters are NOT correct. Since the passage of EGTRRA you can do exactly as you asked. Rollover your old 401k into an IRA, contribute to it, and then roll it into your new 401k once you become eligible. However, you will have to be able to prove that the contributions are deductible and pre-tax (ie no ROTH contributions or non-deductible IRA contributions).

Also, if you just started your new job then the absolute longest that they can keep you out of a regular 401k is July 1 of 2008. Keep in mind too that if you were eligible to participate in a 401k at any time during the year then you may not be able to make a deductible contribution to an IRA. Thus, if you were eligible to contribute to a your old companies 401k on January 2 that would preclude you from contributing to an IRA for 2007. And, since you become eligible for your new company in July of 2008 you might be out of luck for an IRA next year too. All depends on your marital status and income level. Go to www.irs.gov to see IRA phaseout limits to see if they apply to you.


www.TheUseFulInfo.com
Rating
Yes, you can rollover your old 401k to Rollover IRA.

No, you can not contribute to Rollover IRA.

Other options are Traditional IRA/Roth IRA if you are eligible. For eligibility check:
http://www.theusefulinfo.com/finance/tradira.html
http://www.theusefulinfo.com/finance/roth.html

-Infoman
Not a legal advice.
http://www.theusefulinfo.com/finance/401k.html
http://www.theusefulinfo.com/finance/compareTR.html


jeff410
Rating
The first poster is right. If you roll it over into an IRA and then contribute to it, you have lost your opportunity to roll it into a new plan. Keep the old one where it is until you're eligible to roll it into the new plan.


Judy1
Rating
If your old 401K plan won't let you leave it in that plan until you become eligible for your new employer's 401K plan, then your option is to roll it into a rollover IRA. You can add money to that or to another IRA in the interim, then start putting money into your new employer's 401K plan when you're eligible. You won't be able to roll the rollover IRA into the new employer's 401K plan though, but you can keep the rollover IRA until you retire. You have a wide range of options for the IRA, so having your money in an IRA rather than in your new employer's 401K shouldn't hurt you any.


Thin Kaboudit
Rating
You can rollover the 401(k) into an IRA, but you won't be able to "co-mingle" other funds with it. That doesn't stop you opening it another IRA, though, and you can report contributions to it when you file your taxes.


?
yes


Still reading
Not via a 401k if your company makes you ineligible for 2 years. You can use a Roth or regular IRA in the interim.


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