Wise Bread | Personal Finance and Frugal Living Forums

It's true that you don't want to withdraw the money from your IRA or 401(k). However, while leaving the money in the account, you can reinvest it in whatever is appropriate to balance your portfolio.

For example, let's say you receive a bunch of stock (a gift, an inheritance, exercised stock options--something like that). As a result, your investment portfolio is now overweighted in stock and underweighted in bonds. Without taking the money out of your IRA or 401(k), you can shift a chunk of it into a bond fund, restoring the appropriate balance.

Of course, depending on where your money is invested, your choices may be limited. Fortunately, there are lots of places you can move your IRA that offer a very wide range of investments.

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