2/1     Hello, I used to have Fidelity 401K when I worked at this company.
        The plan had about 20 not so spectacular mutual funds. I'm now
        working at a place where they use 403B and have over 100 mutual
        funds... also using Fidelity. I'm tempted to transfer ALL of
        the 401K over to my new 403B plan which includes specific foreign,
        utility, and energy mutual funds. Is this a good/bad idea?
        Any advice? ok thx.
        \- helo, pp is not me. ok tnx.
        \_ you can transfer to an IRA from a brokerage.  But be careful
           to do it correctly or you will get a tax hit.  Fidelity
           can convert it to a regular IRA where you can choose any
           funds that Fidelity sells.
        \_ You can transfer to any brokerage.  Make sure you do a
           direct transfer where the money goes directly from the
           401k to the brokerage, or you may get a tax hit like
           the above poster mentioned.  Money I manage myself
           consistently beat the meagre selections my 401k offers
           by 20 percentage points, so I couldn't wait to transfer
           the money out everytime I change job, which unfortunately
           hasn't been very often.
           \_ My company's 401K plan has a "fund" that lets individuals choose
              what to invest on with their money in the accounts.  You can
              short GOOG or buy bonds or whatever.
              \_ You usually cannot short or buy derivatives in a
                 retirement account. I don't know any brokerages that
                 allow this.
                \_ <DEAD>Brownco.com<DEAD> allowed you to sell covered calls in IRA 5
                   yrs ago when I was investigating. --oj
                   \_ They don't now.