The Smartest Thing To Do With Your 401(k) When You Leave A Job | InvestingAnswers

The Smartest Thing To Do With Your 401(k) When You Leave A Job | InvestingAnswers

Your 401(k) is probably one of the best benefits you have with your job.

But you'd never stay with a company just because of the 401(k), right? If you get a better offer somewhere else, you'll probably want to take it.

So when you do finally leave, what happens to your 401(k)?

The money is yours, of course. It's your retirement account. You can decide what to do with your 401(k) when you change jobs, but you need to know what your options are -- and the consequences.

If you make the wrong choice, it could cost you thousands of dollars.

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