After terminating employment, you have four basic options: keep it in the plan, roll it to your new employer’s plan, roll it to an IRA, or cash out. Be aware that taxes and penalties may apply if cashing out.
Insightful. Independent. Innovative.
After terminating employment, you have four basic options: keep it in the plan, roll it to your new employer’s plan, roll it to an IRA, or cash out. Be aware that taxes and penalties may apply if cashing out.