Originally Posted by youbet
But he will no longer have access to the Stable Value Fund.
Ok, today I learned "stable value fund
"s are a thing, and for some reason only seem to be available in 401k plans? Weird. My 4+ 401ks across 3 or 4 institutions all had only assets that could directly be rolled over to an IRA at the same institution.
Well, I guess the choice then is to stay in the 401k and go with their new options now and whenever they change again in the future, or roll to an IRA and investigate similar options there you'll likely never need to change. I get paid the same either way. And while I do seem to have a bias towards IRAs, there are advantages to staying in a 401k, too, particularly if you retire after 55 and are under 59.5, and of course if you have an asset that isn't available outside the 401k.