Originally Posted by
AirbusRetard
Speaking of, any way to roll that into my Roth so I can get some "compounding interest"?
If you're talking about money sitting in an old 401k, you can roll it over to a traditional IRA with a new custodian (Vanguard, TDAmeritrade, etc etc or a Self-Directed IRA (to invest in say, real estate or a business)) and then convert it to a Roth.
Or you might be able to convert it to a Roth while it's still sitting in your old 401k and then roll it over to a new custodian. It all depends on the 401k plan administrator, but it's typically just a form you need to fill out so they should have that capability...
Either way works.
Just be aware that you'll take a huge tax hit when you do, so if you're going to go that route make sure you do it while your income levels are low. I.e., do it as a 1st year FO, not as a 1st year Captain, as you'll be hit with whatever tax rate you're at during the year you roll it over.
As always, consult your CPA first.