401(k) Options After You’ve Left Your Job

So, you have been laid off or left your previous employer. This transitional period may be full of decisions, such as balancing unemployment insurance, health care insurance, and other important life decisions. Of course, retirement planning is still important, but what are your options with your old 401(k)?

Stay in the existing plan

Most companies will allow you to keep your retirement savings in their plans after you leave. Your money will continue growing tax