You have several options for your retirement savings assets:

• Leave them in your former employer’s plan, if permitted
• Roll them into the Morgan Stanley 401(k) plan
• Roll them into an Individual Retirement Account (IRA)
• Take a lump-sum distribution subject to a 20% tax and/or 10% early-withdrawal penalty
• Take a lump-sum distribution subject to a 20% tax and/or 10% early-withdrawal penalty
• A combination of the above