Changing Jobs & Moving Retirement Money
What happens to your retirement savings when you change jobs and why it matters.
Video: Understanding Orphaned 401(k)s
Coming Soon
The Problem: Orphaned Retirement Accounts
When you leave a job, your old 401(k) doesn't automatically follow you. Many people leave their retirement money behind with their former employer, creating what's called an "orphaned" retirement account.
Common Scenario:
You work at Company A for 5 years, building up $50,000 in your 401(k). You get a new job and never move the money - it just sits there, forgotten across multiple companies.
Why You Should Move Your Money
Consolidation
Have all your retirement money in one place for easier management.
Better Protection
Access products with downside protection and guaranteed income options.
Potential Bonuses
Some products offer bonuses when you transfer funds.
This is educational information only, not tax, legal, or financial advice. Always consult with licensed professionals before making decisions about your retirement accounts.