Company 401k Plans: Company moves 401(k) plan

» dixie41 - Company moves 401(k) plan

Hi I am new at this so please bare with me.My husband and I work at the same company.We have both been their for a long time.Between the two of us we have a big chunk in our 401(k).In november of 2005 they changed to fidelity.We were told it would take (26) months for all our money to go into the new plan.Does that sound right to any one?That sure seems like a long time.They said it would take that long for the annuity to mature.I am sure it is ok,but it is a lot of money to lose too.I have asked a lot of questions at the company ,but they are getting a little tired of my asking so many questions.please help. Terrie

-- posted by dixie41