conversation: User (poopheadfred): "My company is moving from a Vanguard 401k to Aon Hewitt. Ihave two questions:\n\n1. Can I transfer money into an IRA during the liquidation process of the transfer?\n\n2. The reason I am thinking about doing this is to have a larger home deposit on an FHA loan. Going from ~$10.5k to ~$20k (or 3.5% to 6.6% down). I'm wondering if the saving I get on loan insurance would be comparable to what I would get from the 401k.\n\nOther info:\n\nSalary: $70k\n\nCurrent loans: $350/mo\n\nHome desired: $300k\n\nI would also like 2-3 roommates to split to mortgage and will have 6 months of saving (including mortgage payment) in the bank.\n\nAny advice is appreciated!  :)"
  Self: "Last time I checked, IRA's and 401k's weren't supposed to be a big piggy bank. Retirement savings.... for like after you're 60something "
  