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What to do with 401K
Old 01-29-2008, 04:34 PM   #1
Confused about dryer sheets
 
Join Date: Jan 2008
Posts: 4
After being downsized by Megacorp 1 7 months ago and spending a very pleasant time fishing and hiking with my dog I am about to join Megacorp 2. The time off has confirmed that I want to FIRE in about 5 years. My question is what to do with my 401K from Megacorp 1? (about 400k)

1. Leave in Megacorp 1 401K - decent selection of low expense index funds

2. Role over to Fidelity IRA

3. Role over to Megacorp 2 401K which is run by Fidelity and seems to have access to all Fidelity funds.

Should I choose option 2 as it allows me to convert to a Roth IRA at some point in the future?

Should I choose option 3 so that I can make early withdrawals under rule 72t?

Thanks for your thoughts.
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