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Author: FuskieFool Big funky green star, 20000 posts Top Favorite Fools Old School Fool Ticker Guide SC1 Red Winner of the 2010 Rule Breakers Challenge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25318  
Subject: Re: Redistribution of 401K Date: 2/11/2003 2:06 PM
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Hello I have a probably rather literally foolish question. I was just laid off with a large pharmaceutical/medical device company and have to move my 401K account since it has fallen below $3,500. The question is does anybody know of any no load S&P index funds, or other to reinvest this amount in. I am not employeed as of yet so can not move it to the new employer's plan. Any suggestions? Thanks, Richard...

This largely depends on to where you move the 401K. If you cannot keep it with your old company and you do not have a new company to go to, it sounds like you can only roll into a TIRA. If so, your choice of index funds may depend on the institution with which you fund your TIRA. Have you selected a broker?
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