After divorce i will roll over 401k total 200.000. age 65 involve to live stale interest, should i roll to IRA ?
Answers:
Do you enjoy to return with out of your 401k? There may diverge treatment as far as what creditors/medicaid etc can step after between the two - you might want to check into that since I believe the 401k is considered more similar to your income.
That unlikely concern aside it sort sense to roll over to an IRA contained by most cases. Make sure you do that with care i.e. it should dance from your 401k to the IRA directly (from your employer direct or a check sent to you but payable to the IRA custodian.) Otherwise you will own to reimburse some money to the IRS.
I recommend Vanguard. You also necessitate to feel more or less what to invest the money in. You obligation income but you inevitability growth too. As you know 200000 won't generate adjectives that much income and while it seem resembling deeply it can dwindle hurriedly.
you can if you're had it anywhere else beside a 401k plan