Changing Jobs? What Will Become of Your 401(k) Balance?
Most private sector employers, for better or worse, put you in the driver’s seat when it comes to saving for retirement. If you’re a genuinely savvy and diligent investor, you might prefer the flexibility of rolling over your accumulated retirement savings into an IRA. This choice assumes, however, that your next employer’s 401(k) plan allows you to move money into it from another 401(k) plan. Most, but not all, do. READ MORE