As I mentioned in an earlier article, I am ramping up my contributions to a 401 (k) plan, in order to reduce current tax liabilities and enjoy tax free compounding of gains. However, I already had an old 401 (k), which was eligible for a rollover. In early April I cashed out the index funds in it, and rolled the money over into an IRA. After that I decided to equally allocate the money in twenty individual dividend stocks. The money was immediately available for me to invest in the very next morning. This is a different account from the IRA I used to lower my current tax liabilities.