116. What happens to your 401k when you leave a job‪?‬ The Fit Financial

I’m Amanda Hanquist, the Fit Financial, do you know what happens to your 401k after you leave a job? Do you keep it with your old employer, are you supposed to roll it over, if you do are their tax implications you need to know about...the whole thing can just sound overwhelming, so on today’s episode of the Fit Financial, we talking all about how the 401k works and what you need to know about that money when changing jobs. 


What is a 401(k) exactly and how does it work? 
What happens to your 401(k) when you change jobs? 
How long can you keep your 401k after leaving a job? 
Can I cash out my 401k from a previous employer?
What should I do with my old 401k?

Thank you for listening to The Fit Financial. If you liked this episode, please be sure to subscribe and leave a review. Find me on Instagram at the fit financial or if you’d like to know how you can work with us directly, Visit us at fitwealthadvisors.com 

IG: Amanda @thefitfinancial_ 

IG: Shawn @shawnhanquist  

 

The fit financial is brought to you by Fit wealth advisors. Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation.