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Statistics show that the average person will change jobs 11 times over the course of their life. What happens to their 401(k)?
In this episode, Marc Bautis talks about the five 401(k) options a person has when they leave their job. It turns out that this is one of the most important retirement decisions you will make. Listen in as Marc walks you through the pros and cons of each option, giving expert advice along the way.
In this episode, you will learn:
- How to decide whether to leave a 401(k) where it is or bring it over to your new employer
- The importance of obtaining your fee-disclosure document
- Why there are very few pros to cashing out your 401(k)
- What a “zombie 401(k)” is and how to hunt one down
- And more!
Tune in now to find out what options you can take with your 401(k) when you change jobs.
Resources: Bautis Financial