text: that last comment is not right, a roth is the best thing going today! as long as you use a broker to make the transfer there will be no penalty, only tax due on the amount you remove. as long as you don't take the money out in your name your safe. also yyou are limited to the amount you can put in the roth.by the way, try www.daveramsey.com. \na world of info that will help you retire with a pocket full of money.