3 Reasons to Roll Over Your 401(k) When You Leave Your Job
Whether you're leaving your job because of coronavirus-related layoffs or because you've found a new position, there are a lot of decisions you have to make when you're moving on. And one of the most important is what to do with your 401(k).
Typically, you have a few different choices about how to handle this retirement account. One option would be to leave it with your current employer, but another is to roll it over into your new employer's plan or into an IRA at a brokerage firm of your choosing. For many people, this option is actually the best for three key reasons.
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Source Fool.com
