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Recently Left Your Job? Don't Leave Your 401(k) Behind

When you have a “triggering event,” such as leaving your job, you can make changes to your employer-sponsored 401(k) plan. Because this is YOUR hard-earned money, you want to make sure you understand what you can do with it.

Which leads us to your four main options:

  • Leave your 401(k) with your previous employer
  • Roll your 401(k) into your new employer’s 401(k) plan
  • Cash out your 401(k)
  • Roll your 401(k) over to an IRA

In the video above, Vantage CEO J.P. Dahdah explains the pros and cons of the first three options and why the last option is most advantageous. Not sure which option is right for you? Contact us at 866-459-4580.

 

Ready to Learn More?

As an additional resource, you can download our Guide to 401(k) Rollovers, which outlines the steps and details involved in rolling over your 401(k).