# 63, IRA stalled - what to do? **URL:** \ **Category:** Retirement\ **Created:** [May 22, 2023, 11:58am UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844 "2023-05-22T11:58:30Z")\ **Posts on this page:** 6\ **Page:** 1
**Author:** ![unixfreak](https://avatars.discourse-cdn.com/v4/letter/u/9f8e36/32.png) [@unixfreak](https://community.clark.com/u/unixfreak)\ **Post date:** [May 22, 2023, 11:58am UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/1 "2023-05-22T11:58:30Z")
Greetings, Been a while since I posted here… so long that I had to create a new account. Here’s the deal - I’ve got an IRA that’s a little more than a half a mil, it’s been stalled out for a few years. It’s a balanced portfolio. It’s at Fidelity and I’ve always managed it myself. Im still working; plan to stay put. At 70, my SS will be 4200 / month. House and cars paid for and no debt. What should I do with that IRA? Let it be managed? I haven’t put anything into it in 4 years. It would have only been a tax break as I see it. I have a 401k with Voya and was thinking of moving the IRA to them and let them manage it. The 401k is around 60k. Any help would be appreciated. ---
**Author:** ![clydewolf](https://avatars.discourse-cdn.com/v4/letter/c/839c29/32.png) [@clydewolf](https://community.clark.com/u/clydewolf)\ **Post date:** [May 22, 2023, 1:39pm UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/2 "2023-05-22T13:39:18Z")
Have you looked at the markets lately? Cash may a good place to put new investments for a while. Nothing wrong with a tax break. I am not a fan of voya. ---
**Author:** ![unixfreak](https://avatars.discourse-cdn.com/v4/letter/u/9f8e36/32.png) [@unixfreak](https://community.clark.com/u/unixfreak)\ **Post date:** [May 22, 2023, 1:54pm UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/3 "2023-05-22T13:54:49Z")
I have no experience with Voya except for the initial 401k setup 4 years ago. They were eager to take over my previous 401k/rollover IRA from Fidelity. It kept that at Fidelity. I have looked at the markets. ☹ ---
**Author:** ![H200h](https://avatars.discourse-cdn.com/v4/letter/h/e79b87/32.png) [@H200h](https://community.clark.com/u/H200h)\ **Post date:** [May 22, 2023, 3:07pm UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/4 "2023-05-22T15:07:07Z")
As a comparison, my mostly Wellington-invested stuff at Vanguard has lost 10% since reaching it’s highest point in Dec. 2021. If yours has held it’s own, I’d say you’re doing pretty good. ---
**Author:** ![geezerpk](https://avatars.discourse-cdn.com/v4/letter/g/f475e1/32.png) [@geezerpk](https://community.clark.com/u/geezerpk)\ **Post date:** [May 22, 2023, 4:47pm UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/5 "2023-05-22T16:47:00Z")
I’m trying to recall the thoughts of a famous chess master. He suggested that the best thing to do when you’ve run out of good ideas for your next move, just make a few stalling moves, you’re opponent will probably come up with a new idea, and it will likely be a bad one. ---
**Author:** ![p1g1](https://avatars.discourse-cdn.com/v4/letter/p/cab0a1/32.png) [@p1g1](https://community.clark.com/u/p1g1)\ **Post date:** [May 22, 2023, 6:05pm UTC](https://community.clark.com/t/63-ira-stalled-what-to-do/2844/6 "2023-05-22T18:05:23Z")
> [@unixfreak](#): > > I have a 401k with Voya and was thinking of moving the IRA to them and let them manage it. If I were you I would keep the IRA at Fidelity. My understading is that Voya’s offering includes annuity and insurance products. I would be cautious about any annuities that Voya may suggest for your 401K as you approach retirement