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With rising wages and a tight labor market, the last couple years have led many workers to switch jobs. That means many job-hoppers may have a 401(k) retirement plan with a former employer.
If you're quitting a job, you may be pleased to leave behind certain disgruntled coworkers and perhaps an overbearing workload. But one thing you may want to take with you is your 401(k). And yet ...
Whether you're taking a new position with another company, retiring or being let go, if you have a 401(k) or similar retirement plan, you're probably wondering: What happens to your 401(k) when you...
The rule of 55 is an IRS guideline that allows you to avoid paying the 10% early withdrawal penalty on 401(k) and 403(b) retirement accounts if you leave your job during or after the calendar year ...
Get HR on the phone because—congrats—you just landed a new job. But then comes the time to talk nitty gritties. Namely, what happens to your 401(k) when you quit?
A 401 (k) is a profit-sharing retirement saving plan some U.S. employers offer. It lets you contribute a portion of your pre-tax income to a tax-advantaged investment account. You can invest these ...
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