Financial writer for financial advisors, investment managers and financial sites. Veteran financial advisor. Based in Chicago's NW Suburbs. Packer fan.Source
/PixelsEffect / iStock.comWhether you’re taking a new position with another company, retiring or being let go, if you have a 401(k) or similar retirement plan, you’re probably wondering: What happens to your 401(k) when you leave a job? Among other options, you could leave your 401(k) in your old employer’s plan or roll your 401(k) into either an or your new employer’s plan. The choice is really up to you, but you need to explore and weigh your options thoroughly. Even if the amount in your 401(k) is small, this isn’t a decision to be taken lightly. Read on to understand your main options,...…/PixelsEffect / iStock.comWhether you’re taking a new position with another company, retiring or being let go, if you have a 401(k) or similar retirement plan, you’re probably wondering: What happens to your 401(k) when you leave a job? Among other options, you could leave your 401(k) in your old employer’s plan or roll your 401(k) into either an or your new employer’s plan. The choice is really up to you, but you need to explore and weigh your options thoroughly. Even if the amount in your 401(k) is small, this isn’t a decision to be taken lightly. Read on to understand your main options,...WW…