Avoid the financial planner! There is no need to let someone take 1% of your money to likely provide a fraction of the knowledge and insight you could find on these boards.I would suggest rolling the money into a Rollover IRA. Moving it into your current 401K is not a bad move at all but in a Rollover IRA you won't be tied to a small set of investment options like in a typical 401K. There are many places you can open a Rollover IRA. I opened one a year ago through Fidelity. There are no fees to open the account and either through their website or over the phone they will walk you through the whole process - very painless. Many other brokers offer the same features and convenience.Once you've got the money moved over you can continue the research to decide how you want to invest your money. Lots of info here at TMF - in the fool school, articles and on these boards.