the company i work for is being acquired in a merger. i have the option to rollover my 401k to the new plan (custodian: Principal) or take it elsewhere. i haven't looked much into this, but am thinking that i will just dump it into my vanguard account where i hold my roth and taxable accounts.
is there a drawback to this approach?
my current 401k plan has roth 401k, traditional 401k, profit sharing that was rolled over from a previous company, and company matching through my current employer. i think each of these will be handled uniquely in the future when i go to withdraw them (but haven't really paid attention to this much).
thanks