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I currently participate in my company's 401(k) plan which is administered by Fidelity. Over the years, it has done quite well for me and I am very pleased with the choices of funds offered.

As a side note, I have been using the Fidelity Champion Funds reports from MF Rule Your Retirement to give my portfolio the desired risk characteristics. Pleasantly, 9 of the 10 Funds used in the RYR portfolio are available in my company's 401(k) plan.

But all good things come to an end and my company is being acquired by a bigger fish who offers their own 401(k) plan run by Aon Hewitt. The latest information from the acquirers is that 'you as individuals are not allowed to roll over your 401(k) due to the Same Desk Rule, but we are looking to do a one-time transition into our 401(k)'.

Does this make sense? My strong preference is to leave my existing 401(k) with Fidelity as either closed until I reach retirement age or else roll it into a Fidelity IRA and manage it myself. I probably have another ten working years left so I don't mind building up a new 401(k) in an Aon Hewitt account but I am not liking the idea of all my 401(k) balance going over there. What can I expect to happen?

The only thing I have seen from Aon Hewitt is fancy brochures pushing their "Financial Engines" service to "help" me work on my own retirement saving strategy. The fancy brochures have a lot of bad examples so I guess some people need their help. Not me.

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