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Greetings, Robh51, and welcome. You asked:

I got laid-off a month ago now Ineed to get some info on what to with my 401k.I don't know what my op's are.Any ideas would be welcome.

As a former employee and ex-participant in the 401k you will usually have the option of transferring that money to a traditional IRA of your choice or leaving the money in your plan. If there is less than $5K in your account, though, you usually must receive a distribution, which still can be transferred to an IRA.
Your benefits administrator at your former employer should be able to explain your options to you.

Virtually any broker or mutual fund will accept your 401k money in an IRA transfer, and they will be more than willing to tell you the administrative procedures for doing so. If you decide to move the money to an IRA, just be sure you arrange for a direct transfer of the 401k balance from the plan custodian to the IRA custodian. Tell your plan and broker/fund that's what you want to do. They both know the ropes and will assist you through the necessary hoops. A direct transfer avoids any and all tax hassles.

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