Here’s what to do with your 401(k) when you switch jobs
By Kathleen Elkins
Changing jobs is exciting, but there are some practical things you’ll have to deal with … like what to do with your old 401(k) plan.
CNBC spoke with Nick Holeman, certified financial planner at Betterment, who broke down all of your options.
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This article originally published March 30th, 2017 on CNBC. When deciding whether to roll over a retirement account, you should carefully consider your personal situation and preferences. The information on this page is being provided for general informational purposes and is not intended to be an individualized recommendation that you take any particular action. Factors that you should consider in evaluating a potential rollover include: available investment options, fees and expenses, services, withdrawal penalties, protections from creditors and legal judgments, required minimum distributions, and treatment of employer stock. Before deciding to roll over, you should research the details of your current retirement account and consult tax and other advisors with any questions about your personal situation.