Posted by bo on December 11, 2011 at 11:04:51 from (72.231.239.165):
In Reply to: OT: old employer 401.k? posted by Dave from MN on December 11, 2011 at 10:58:18:
You can't get it out without a large penalty..you may be able to roll it over into an IRA. Vangard is probably the best independant, low fee company around. I use them and they are fine. Call them up (google the #)talk to financial adviser, tell him you want security and not risk. You don't want equities,you want money market and ask them when they last broke a buck. That is, in money market funds, breaking a buck means that for a buck you put in, you could lose more than a buck but because of the integrity of the company and for loyalty of the customer, they don't do it. Either way, you have to do it your way.
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