(I am 25, so retirement is far far away, but at the same time, small decisions now can have major impact later :-)I had a 401k plan with my previous employer which has about $10k in it. I have just become qualified to start participating in the 401k equivalent plan with my current employer. Now I need to decide among the following courses of action:1) Roll over 100% of the previous 401k to my current employer's 401k2) Roll over 100% of the previous 401k to an IRA3) Leave it with the previous employerHere are the plusses and minuses as I see it. I'd be grateful if you could point out anything I have wrong or anything I have missed:(1) Roll-over to 401k is better because: I can borrow against it for my first home. I can borrow against it for personal emergencies.(2) Roll-over to IRA is better because: I have control over how the money is invested. ? - I assume this will be a Traditional IRA that I convert into?(3) Don't even know if this is possible.Thanks...
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