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[quote=Anonymous]I am one of those folks who has been recently RIFed. I have kept my former employer's 401K in place just in case I get called back or something dramatic happens from the ongoing litigation.

It's 99.9% certain that there will be no call back in the near future. Now I am having a hard time trying to figure out where to park my 401K since I have a number of options. What would you choose?

A. Keep it where it is since it's still performing well and wait until months (I hope) from now when a new job with a 401K plan is begun, then roll it over into the new company plan?

B. I have an annuity plan with a union that I am still a member of, but am not currently active in, with the same company that currently runs my 401K plan. I could transfer everything into that account, but the number of funds to choose to invest in are very limited in number. It's basically about 10 Vanguard funds with a scant other offerings. However, the company fees of operating the fund are dirt cheap. I'd probably save $1,000's in fees per year. I'm not sure if the limited options make it worth it, tho.

C. Roll it into my inherited Fidelity IRA? I really liked my first couple of years with Fidelity, but my advisors were switched and honestly, even the past advisors that I liked did not have a good pulse on the economy. They thought that inflation would be held in check a couple of years ago. We all know how that turned out. Even still, the account has performed well and has rebounded from its dips. I don't know if that's from them or just the flow of the market. It's a managed account, so the usual fees apply, which run into the thousands.

D. Open a separate IRA run on index funds and don't worry about advice or fees?

E. Break it up and put a little into everything, including my separate Roth IRA?[/quote]

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