Best place to rollover 401k dollars from previous employer?

I am wondering if anyone has a good idea of where to rollover 401k dollars for the best investment with no or low fees for a direct rollover?

I would appreciate any advice, please no sales pitch. THANKS!

If you'll need advice on what to invest after you've made the switch, you will want a full-service broker. I'd recommend Edward Jones for that, which I had at one point and enjoyed the experience. I later switched to a discount broker when I felt I had good knowledge of investing. If you pick Edward Jones, keep in mind their individual stock picks tend to be pretty bad and you may be better off having them help you chose mutual funds to buy. They'll probably recommend a mix of savings, bonds, and stocks any way.

There are also the really cheap fee online brokers if you have expert-level knowledge of stocks. I've been researching brokers because I'm opening an account. The cheapest I've heard of is Trade King.
https://www.tradeking.com/PublicView/ser...

Others on the review list I found look appealing:
http://www.smartmoney.com/brokers/index....

I think Scottrade might be my second choice. Sadly, I already opened an account with E*Trade. I plan to switch when the free comission deal ends. You'll have to call to make sure that the broker you like supports rollovers, but I'd guess all of them will.

Edward D. Jones

It depends on what you are wanting to invest in. I personally have invested with Liberty Conservative Investments because they can set up an IRA (from which you will roll over your 401k) in stocks, mutual funds, money market accounts and precious metals, which an Edward Jones or Fidelity can't offer (the precious metals part).

Cat, if your new employer does not have a plan, then either put it in an IRA, IRA Keogh, or move it into bonds, preferably municipal bonds. You want your money to be safe, so speculation might not be what you want to do with it.

My advice is ignore any advice coming from the internet. Spend a few coins on any respected financial journal for advice.

agreeing with kerry k. if your new employer has 401 it would be a a good idea rollover to that investment plan. if not then an IRA is great. if you're looking for low cost mutual funds, then put your money in s&P 500 index fund from any big name mutual fund company. because index fund mutuals should have really low cost since it just mimics the S&P 500.