From your question, I have to guess that you are no longer working for the company which has the 401(k). If you get another job which has a 401(k) option, you could transfer it although I don't recommend this in most cases.
From a 401(k), you can roll it over into an IRA which can be anything from a mutual fund, stocks, annuities and other investments which IRA's are allowed. In most cases, I usually recommend using an Fixed Indexed Annuity for a couple reasons. First, you can guarantee that you will never lose the money you have worked so hard to get. Fixed Indexed Annuities give you a downside guarantee along with an upside potential which will help you stay ahead of inflation.
When it comes time to retire, you can use that annuity to create guaranteed lifetime income. You never will outlive your income.
Please consult your adviser or connect with me if you have other questions.
That is a great question. I'm a little confused though - are you asking for investment advice, or asking what to do with a 401k that is floating around? If it's investment advice, that is impossible to give without understanding your risk tolerance, time frame for investing, and your liquidity needs. You would have to contact me privately for more details before I could even begin to think of giving you direction. If it is what to do with a 401k that you'd like to rollover, you need to do that fairly quickly, or you are going to have one heck of a tax bill. Please seek a financial adviser for help, okay? Thanks for asking!
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From a 401(k), you can roll it over into an IRA which can be anything from a mutual fund, stocks, annuities and other investments which IRA's are allowed. In most cases, I usually recommend using an Fixed Indexed Annuity for a couple reasons. First, you can guarantee that you will never lose the money you have worked so hard to get. Fixed Indexed Annuities give you a downside guarantee along with an upside potential which will help you stay ahead of inflation.
When it comes time to retire, you can use that annuity to create guaranteed lifetime income. You never will outlive your income.
Please consult your adviser or connect with me if you have other questions.