<prompt> Human: My father is working abroad and my mother is the stay-at-home type. One of my fathers 401k accounts was just forcibly closed, leaving him with a lump sum of 300,000 and no idea of what to do with it.Ive read through the windfalls wiki and some of the age based articals in the sidebar, but they dont quite match this particular situation.My parents are both 61 and they hope to retire within 5 years. Apparently my dad has other investment accounts although he is not being clear what they are or how much he has in them.Ive already advised my parents that 300k is not enough to retire on and that they may need to extend the 5 years into 8-10 years.Our goal is to find a way to use this money to generate additional income for the next 5 years in a safe way. If this post generates interest I can update with additional information if any is requested.  <response>: You get like 60 days to put it into an IRA or you are going to be taxed out the ass for it. 