What are my options?
Reddit, over the course of the past week I was trying to open a new account with vanguard. My goal was to rollover a balance of roughly ~$9,500 I have in an American funds account into Vanguard. However, the type of account I was trying to setup differed from what I had at AF, and couldn't do a straight transfer. So I called the financial advisor I had and closed the account, with the money automatically being deposited into my bank account (the Americans funds account was through my local credit union). However, I don't think I can put that same balance into an IRA since the max is $5,500. What are my options now with that money at Vanguard? I can max out an IRA, but I'd still have about $4,000 left over. What should I do?
Posted Jun 3, 2017, 5:43 PM UTC