u/modeo2007

50 songs for 50 states

I left a job that offered a 401k. My new job doesn’t offer a 401k until I’ve been there for a year. I rolled over this money ($5600) into a rollover IRA with Schwab. I want to continue to add to it while waiting for the new 401k at the new job to become available to me and am wanting to contribute $100/mo to the rollover IRA. I linked the accounts and added the July $100 today. All good there.
My question is, with that $5600 in the IRA, I chose to apply it all to (I apologize I’m not versed in properly terminology) SWPPX mutual funds. So anytime I add the monthly $100, do I need to do the steps I did with the $5600 to apply it to mutual funds also? I hope this post makes sense. I’m very new to all this and want to learn! Thanks for reading!