![What to Do With Your Former Employer's 401(k) What to Do With Your Former Employer's 401(k)](https://cdn.magzter.com/1344459782/1659958920/articles/nMwkA64px1660110427510/WHAT-TO-DO-WITH-YOUR-FORMER-EMPLOYERS-401K.jpg)
IN NOVEMBER 2021, 4.5 MILLION American workers voluntarily left their jobs, setting the record for the most departures in a single month. Since then, the so-called Great Resignation has yet to show signs of slowing. Another 4.5 million people quit their jobs in March, and another 4.4 million quit in April, according to the Bureau of Labor Statistics. And some believe the Great Resignation isn't a temporary phenomenon but a permanent change. Job turnover is 20% higher in the remote and hybrid-working world, and it's is likely to stay that way, according to Gartner, a technology-research firm.
If you recently left (or are planning to leave) a job with a company that provided a 401(k) plan, you have several options.
Esta historia es de la edición September 2022 de Kiplinger's Personal Finance.
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Esta historia es de la edición September 2022 de Kiplinger's Personal Finance.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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Beat the Market? Not Likely
IN 1963, the columnist Jimmy Breslin wrote a delightful book about the initial, disastrous year of the New York Mets.
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IS 2025 THE YEAR WORKERS WILL RETURN TO THE OFFICE?
Managers want to cut back on remote work, but many employees value flexibility.
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Premiums may not increase as much as in recent years, but the industry remains under pressure.
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FINANCIAL STOCKS SHOULD PAY OFF
But investors must be choosy about where to put money in this broad sector.
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This investing veteran remains wary of stocks.
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YOU may have been hearing more often about interval funds.
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WHY YOU SHOULD TAKE EXTRA CARE WITH YOUR TAX RETURN
You can minimize your tax bill and avoid unwanted attention from the IRS by watching out for common errors and oversights.
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The Benefits of Sharing a Bank Account With Your Parents
Opening a joint account provides a way to monitor an older person's finances.
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This group is on a mission to understand the declining number of donors and volunteers—and to enact change.
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Outfitting your home with a solar power system can slash your electric bill-and federal tax credits have made the conversion more attractive than ever.