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"an IRA might be the way to go but it's pretty confusing- -Traditional? Roth?"

If you are going to roll the account into an IRA, it must go to a Traditional first, so that part is easy. You could subsequently roll into a Roth if you choose to do that.

If you feel you are going to roll the account to your new employer's 401k, you must be careful to keep the account "untainted". That is, you must set up a new account even if you already have an IRA. You cannot comingle contributory money with rollover money.

If you are indeed going to roll to the new employer's 401k, you may wish to leave it where it is and do the rollover later. This would depend on what options you have available in the old employer's plan.

If you choose to do the rollover, figuring (probably accurately, if you are willing to do some work) that you can make better investment choices than are available in the old 401k plan, then your next choice is of custodian. You may wish to look at mutual fund companies and discount brokers.

When you have made the choice of whether to do the rollover, come back if you have more questions!

Best wishes, Chris

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