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Possible Duplicate:
Started new job. Rollover previous employer 401k to new 401k, IRA or Roth IRA?

I'm leaving my current employer next week and have about $10k in a 401k plan. What is best to do with this?

Transfer to my new employers 401k? Any penalties there? Roll into a traditional IRA?

I guess also: what really is the pros/cons of traditional IRA vs 401k? Thanks!

coergo
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