"In general, I think people are better off rolling their 401(k) money into an IRA when leaving a former employer. For one thing, you can open an IRA rollover at virtually any mutual fund or brokerage firm. That gives you access to a lot more investment options than you get in a 401(k)
lineup."
-Walter Updegrave, Senior Editor at Money Magazine
Read the entire article here on CNNMoney.com. This is of particular interest to me as I have just been asked by my former employer to roll over my 401(k) and I'd like to oblige.
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