Greetings, 747FlyingFool, and welcome.<<My current holdings include $35,000, 1/3 of which is in a previous-company sponsored 401(k) and the other 2/3 in my current-company sponsored 401 through Prudential. I would like to start investing in the Foolish 4, either in equal parts or as a 2/2/3/4/5 based on today's "F4" but would like to know how I switch from Prudential to a discount broker to take advantage of lower trading costs yet still preserve the tax-deferred advantage of my 401(k).>>You may transfer the old employer's 401k money to a self-directed IRA, but the current plan money must stay where it is until you leave that job. Ensure you arrange for a custodian-to-custodian transfer of the old plan money to avoid any tax hassle. Your broker and old plan administrator know how to do this and can gudie you through the administrative steps to do so. Once the money is in the IRA, you can then trade to your heart's content.As an aside, if you put the old money in your new employer's plan, you won't be able to move it until you leave that job.Regards....Pixy
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