Dormant 401k account with previous employer

[Kalyan Kumar]

Hello,

I have a 401K account with my previous employer in fidelity. It has a balance of 80,000. I am not contributing to it from last year , its dormant. It’s invested in “92204E886 VANGUARD TARGET 2045”. I contributed both Pre-tax and Post-tax amounts to this account.

I have changed my employer last year. Their 401k is in a different provider.

What should I do with my 401k fidelity account? Can i invest the amount in any ETF's/shares? 

Please suggest.

[Steve Vaughan]

@Kalyan Kumar I'd roll it into a traditional IRA. Post tax should be able to go into a Roth. I've never had a 401 with both.

Fidelity and Vanguard are great. Open new IRA acct(s) if you don't have them yet and have Fidelity or Vanguard roll them in for you.