Redirect 301 not working in htaccess for particular folders

I have been using redirect 301 in my htaccess file for many years with success. Unfortunately, recently I have run into a problem that I am having a hard time figuring out. It involves trying to redirect with several folders. Here is what it looks like:

redirect 301 /folder1/folder2/ http://www.mysite.com/newfolder/

I have also tried using the Rewriterule and redirectmatch without any success. Above the redirect 301 lines, I have this code:

Options -Indexes
Options +FollowSymlinks

RewriteEngine on
rewriterule ^index.php$ http://www.mysite.com [R=301,L]
rewritecond %{http_host} ^mysite.com [nc]
rewriterule ^(.*)$ http://www.mysite.com/$1 [r=301,nc]

ErrorDocument 404 http://www.mysite.com/404.php

redirect 301…

Any help would be greatly appreciated. I have searched all day yesterday trying to figure this out, and I need to redirect these folders since I am redoing my site and want to keep the link juice from those old pages.

Thanks in advance!