Arguably the most important 401(k)-related decisions arise after leaving your job: Should you rollover your 401(k), or should you leave it where it is? And if you decide to roll it over, should it go into an IRA or into your new employer’s 401(k)?
Rolling over your 401(k) into an IRA gives you the added benefit of a greater number of investment options. You also cannot make contributions to a 401(k) after you leave the company, but if you roll it over into an IRA you can. What Happens if I Cash Out My 401(k)? If you si...