OPEN AN IRA: Opening one is simple. Choose a firm that specializes in Self-Directed IRAs, it will expand your investment choices greatly.
MOVE YOUR FUNDS: Talk to your custodian about moving your funds into your new IRA via a trustee-to-trustee transfer.
ALLOCATE YOUR FUNDS: Your new custodian might put your funds into a money market account, so you will need to allocate the money according to your risk tolerance and goals.