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when you signed up for your 401(k) plan, you should have been given some information about fund transfers. if not, you should be able to get this information from HR or the plan administrator.

many plans will let you move funds simply by calling an 800 number. you can then move money from one fund to another, usually without cost. you can also change your distribution election so that future money will go into new funds.

keep in mind that you can only put money into funds that are part of the plan. if the mutual fund you want isn't in the plan, you're pretty much out of luck. (you could lobby to have the options expanded, however.) your plan may also have specific restrictions regarding how often you can switch money.

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