Leaving Your Job? Don’t Forget to Pack Your 401k

An average of almost 4 million resignations took place every month in 2021. Many of these resignations left abandoned retirement accounts.

[{"selector":"#anim-0b559284-f572-403d-84e8-f7739533329e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9b9b47dd-5aac-4221-a917-bf504878e723","keyframes":{"transform":["translate3d(72.07920%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-50a8e5c3-cad0-4bb1-8ab3-741defcb45dc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7dc2a9ff-0ba6-42e7-a403-7d2090463735","keyframes":{"transform":["translate3d(116.37011%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ee8246c-024b-475c-889d-e29cc2d3418a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.254577522972255%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Read More

According to Capitalize, Americans abandon about 2.8 million retirement accounts every year worth more than $1.35 trillion!

[{"selector":"#anim-9e3c6406-d84f-4979-94a1-3cfd93dd24d3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.254577522972255%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-754ec7bb-81ce-4f16-bdc9-b5fd33ea756d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ffe7adc0-3d8a-43bb-a6d3-1949202a7b45","keyframes":{"transform":["translate3d(111.53847%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f69def40-684d-4dd5-b44e-9ddc27033d73","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24122245-51e4-43bc-9bba-9031452730e9","keyframes":{"transform":["translate3d(123.84342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

HERE'S HOW YOU CAN PLAN YOUR RESIGNATION AND SAVE YOUR RETIREMENT ACCOUNT

[{"selector":"#anim-40c13d4b-cbf4-4fa0-99f6-f1881120e757 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.254577522972255%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-a801e6a2-99b2-4c3a-a724-5806c2b55de2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2cdb0f8-ce0c-478f-9fe7-7b488e108522","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2befe910-d29a-4c33-9954-6b019efc3a07","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f6f2deeb-abec-4ed5-8ef2-3f0ee8d36b71","keyframes":{"transform":["translate3d(124.55517%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

Plan your rollover

[{"selector":"#anim-551bb7d7-0bd1-431f-84e4-6eb5ecfc3a23","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2ada227b-e19a-4669-94f0-db5b6b9d533c","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cda547d4-2825-440f-8ac6-c56ec354cb88","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7626ce7c-b752-4c6b-8e09-f65ef7d8ce13","keyframes":{"transform":["translate3d(-120.13652%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

How to rollover your 401(k)

[{"selector":"#anim-690ba8cf-4c20-42b3-a9af-472ee5fd6186","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7324329-83e8-4c14-80a8-b304fbbdabf9","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c306b94-617d-4f46-81ba-f0d45666dca2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5bd71e65-33ad-4c1b-8519-921fec5ff90c","keyframes":{"transform":["translate3d(-120.13652%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

What happens if you don’t move your 401(k) when you leave your job?

[{"selector":"#anim-eaa7229a-d7e5-4335-9458-4dcb5b2162ea","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73ddcfc2-2175-4526-a259-05d96a7f1ac0","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dbd5b952-8b85-4fbf-822a-224627d30b01","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fa4aa9e-bfcd-4a5f-b686-00435b02ac3d","keyframes":{"transform":["translate3d(-120.13652%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

THAT'S NOT ALL! Read more about whether you should roll over your 401(k) and how to do so properly.

[{"selector":"#anim-5a857bd5-6db9-4c8f-be96-6b5a605ab905","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f6eeed1-39b1-42d5-aa4b-bca98dbc66b7","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7069edd-decf-4f35-b2f3-bfb39392d512","keyframes":[{"offset":0,"transform":"translate3d(0, -249.87869%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -70.265887628%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -23.888402764000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -8.970644971%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -3.898107564%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1500,"fill":"both"}] [{"selector":"#anim-fc126a15-235e-4204-8a28-650a2619f060","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1172ab31-9431-483a-b5e5-23017e42438d","keyframes":{"transform":["translate3d(99.72603%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

SWIPE UP TO READ THE FULL ARTICLE

[{"selector":"#anim-3d42138a-56ca-42b1-a484-b5394e4f1706","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ed28c50-393b-4987-8f88-ca576e6fa4aa","keyframes":{"transform":["translate3d(-100%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b2ec5ae2-00d6-4874-8095-d9ed619304ce","keyframes":[{"offset":0,"transform":"translate3d(0, -372.18335%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -104.65795802000001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -35.58072826%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -13.361382265000001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -5.80606026%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":1500,"fill":"both"}] [{"selector":"#anim-e7ef5250-5981-4d98-b536-f8f77bdfb21c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4cb67d0-de79-4412-8b3e-8ece1d608cab","keyframes":{"transform":["translate3d(99.72603%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Read More

Leaving Your Job? Don’t Forget to Pack Your 401k

An average of almost 4 million resignations took place every month in 2021. Many of these resignations left abandoned retirement accounts.

According to Capitalize, Americans abandon about 2.8 million retirement accounts every year worth more than $1.35 trillion!

HERE'S HOW YOU CAN PLAN YOUR RESIGNATION AND SAVE YOUR RETIREMENT ACCOUNT

Plan your rollover

If you’re making plans to leave your job, check in on your retirement account before your last day. Make sure you can access your plan with a non-company login.

How to rollover your 401(k)

SWIPE UP for the 3 steps you need to follow to properly rollover your 401(k).

What happens if you don’t move your 401(k) when you leave your job?

When you leave an account behind, nothing happens to it.

THAT'S NOT ALL! Read more about whether you should roll over your 401(k) and how to do so properly.

SWIPE UP TO READ THE FULL ARTICLE

MORE STORIES

Motley Fool Review 2022: Is the Stock Advisor Worth It?

Average Net Worth by Age for Americans - 20s Will Surprise You!