<prompt> Human: Hi folks. Ive lost my job after about 4 years, luckily found new work but the new job has no 401k. My old job was the first time Ive ever had a 401k. So Ive got some small amount of money and the old company is asking what I want to do with it. I have no idea what to tell them. I work in entertainment so its normal for me to do quite a bit of 1099self-employment work in a given year. But Ill also work 3-6 diferent W2 jobs in a given year. Being with one company on one job for a long period of time is very unusual. Whats the best bet for my current 401k balance? Thanks! Assistant: Put it directly in to a Rollover IRA. This way you dont have to deal with your old employer anymore and get much better options and control over what it is invested in. Moving forward start a Roth IRA and max that out each year. This is assuming you dont have a better place to put future money like paying off debt, saving up a full emergency fund, etc..Human: Thanks. Im debt free yay! and have money for emergencies covered. Does it matter through whom I set up a Roth IRA? I have some small amount of money at Schwab, would it make sense just to do it there?Assistant: I havent used them but it should be fine unless they have excessive fees or something.Human: My wife has an OOOLLLD 401k, can we combine ours? Should we? Can I roll her old one and mine into a new, joint Roth IRA?  <response>: Theres no such thing as a joint IRA. Youll need separate accounts. 