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When Changing Jobs, Should You Leave 401(k) Money Behind?

Did you know--the average American only spends 4.6 years with an employer before moving on? Such frequent employment turnover means there's a lot of retirement decision-making to take on during a potential 40- or 50-year working life. It's also an opportunity to make a tremendous number of smart--or not so smart--money decisions. Generally, one of the least smart decisions is cashing out your 401(k) balance instead of rolling it into a personal IRA or your next employer's 401(k) plan.
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