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Do I have to move my 401(k) when I leave a job?
Short answer
Not always. Many plans let you leave it if the balance is above a certain amount. Compare fees and options first.
See every step in 1 minuteWhat to do with your 401(k) after leaving a job
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Official sources
- IRS: rollovers of retirement plan distributionsirs.gov
- DOL: Retirement Savings Lost and Foundlostandfound.dol.gov
- SEC Investor.gov: rolloversinvestor.gov