401k to an IRA at 59.5 years old

[MarathonMike]

Just curious, when you say IRA I'm thinking like my IRA with the credit union (which pay's crap for interest) or does this mean an IRA which is a different investment vehicle giving investment type returns?

WW

Here is some good info on the types of IRAs available. They are special accounts you can open for yourself in a variety of different ways.

Individual Retirement Account (IRA): What It Is, 4 Types

An individual retirement account (IRA) is a long-term savings plan with tax advantages that taxpayers can use to plan for retirement.

www.investopedia.com