Starting a New Job in 2021? Make These 3 Retirement Planning Moves Right Away
Retirement planning may not be high on your priority list as you try to learn the ropes of your new job, but putting it off could cost you thousands of dollars in the long run. And it's especially dangerous for those who tapped their retirement savings during the pandemic and are now behind where they expected to be.
Take a few minutes some evening or on the weekend to do the following three things so you can get the most out of your retirement accounts in 2021.
If you had a retirement account at your previous job, you must decide what you're going to do with it moving forward. You could leave it where it is, but this usually isn't the best move. It can be more difficult to keep track of what you have when it's spread out over multiple accounts. Also, you could end up paying higher fees than you did previously, because some employers who pay their employees' 401(k) fees stop doing so after you leave the company.
Source Fool.com
