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Subject:  Re: My company is changing 401k providers Date:  11/4/1999  5:15 PM
Author:  KGWood Number:  15116 of 78168


If you can NOT move your 401k $'s to an IRA and have to go into the new 401k, I would recommend that you pay close attention to the investments they put you in to in the new 401k. For simplicity's sake, I would assume (note, this is only an assumption on my part) your employer will be offering similar investment options in the new plan as were in the old plan (be they good or bad is irrelevant for my point). When they convert to the new plan, they will "map" the old investment options to hopefully similar ones in the new plan. Assuming, again, that your investment options are mutual funds - your employer will try to select investment options in the new plan that match as closely as possible the old plan's options. This is not as easy as it may sound. To illustrate: you may currently have a Large Cap Growth fund option - this may be mapped to a fund in the new 401k plan which is also Large Cap, but is a Large Cap Value or Large Cap Blend (combination of valu