Originally Posted by ibid
I hope this isn't a seriously stupid question but:
What's wrong with the ML account?
I agree. DW had a 401k at ML and it had plenty to choose from.....all depends on nitty gritty of what the employer negotiated with ML. The advantage
I would evaluate current 401k and determine if it is adequate which to me means:
1.Major sponser like ML, but preferably a Vanguard or Fidelity
2. Choices should include good selection of options to include S&P Index, MM, International, Bond funds and preferably the Lifestyle/Target type funds.
3. Ease of transferring assets between funds
If current 401k is "adequate', consider consolidating the old 401k into current plan, if not then I like Vanguard or Fidelity Rollover IRA for the old plan assets.
Its really not that hard....no need for a class unless you just want to.