A 401(k) plan is an awesome vehicle to save for retirement!
You get to lower your tax basis (the income you get taxed on). You might get a great company match… What’s not to like?
But what do you do with your 401(k) if you leave your job?
Do you take the 401(k) with you? Where do you put it? Should you leave it?
You have some choices for your 401(k) which I’ll outline for you below: