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Aug 18

Unhappy with your 401(k)? Sorry: No rollover for you!

Posted By
Aug 18, 2010 / 07:08
0

USA TODAY:

Q: I’d like to pick my own stocks and other investments for my 401(k). Is there a way to move my account to an IRA rollover?

A: If you are frustrated by the choice of investments in your 401(k) plan, join the club.

It’s a pretty common complaint that workers don’t like the selection of mutual funds and other investments they’re given by their employer’s 401(k) retirement savings plan. Typically companies farm out the whole 401(k) plan to a third party, and the third parties tend to select a pretty limited group of investments.

FULL STORY:

http://www.usatoday.com/money/perfi/columnist/krantz/2010-08-18-401k-rollover_N.htm

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