<prompt> Human: Hi thereI have 5K in a 401k account at a job I recently left. They just emailed me to notify me. I dont have a 401k at my new job. I am looking into starting a Roth IRA. My question: What do? I am pretty green when it comes to this. I know I cant withdraw without incurring tax liability. Im maybe ok with that? I dont need cash but cash is always good. I would invest in different ways. Id really appreciate anyone who has some time to explain how theyd play this.  <response>: Roll it over! Youll pay a 10 penalty your tax rate if its not a Roth 401k if your withdraw it. If this is a traditional 401k youll probably want to roll it to a traditional IRA. If you choose to roll it to a Roth IRA youll need to pay taxes on the money. 