Changing Jobs in 2023? Here's What to Do With Your Old 401(k)
A new job can be a great move for your finances, but it may take a while to figure out how to best allocate your funds going forward. You might need to create a new budget and you'll have to decide what to do with your old 401(k) as well. Let's take a look at all your options to help you make the right call for your retirement funds.
Perhaps the simplest solution for most people switching jobs is to leave their old 401(k) where it is. Most plans enable you to do this as long as you have at least $5,000 in the account. Once you leave your old job, you'll no longer be able to contribute money to the account, but the savings you've already invested will continue to grow.
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Source Fool.com