Hey Abby! I am switching jobs in the coming week and worried about my 401(k). What do I do with my current 401(k)?
You should first make sure the decision you make is what’s best for you and we can help with that! The options listed below are the most common.
Leave it where it is
Roll it into your new employer’s 401(k) on a pre-tax or after-tax basis (There could be restrictions)
Roll it into a traditional or Roth IRA outside of your new employer’s plan
Take a lump sum distribution (cash out)
Please contact us to find out which is the best for you!