I am turning 59 1/2, not retiring.

I am rolling over the 401k to get it out of Vanguard and into my retirement portfolio at another investment institution.

I confirmed with Vanguard that the B Fund is not eligible for rollover until you actually retire.

Simply stated, the investment options at Vanguard are not sufficient, and rolling over this account into my traditional IRA affords me the options of many other investment vehicles, and complements the rest of our retirement portfolio. There is no after tax money in my FedEx 401K.

Note to all: Vanguard only requires a telephone call to move the assets, they suggest a conference call with the gaining institution, so all the transfer details are accomplished with one call. It's a fiduciary to fiduciary transfer so no withholding.

Thanks for all the inputs

Champ42272