Compare leaving it, rolling to a new employer plan, rolling to an IRA, or taking a taxable distribution.

Why it matters

Taxes, fees, investment choices, creditor protections, and plan features can differ by option.

What to focus on

  • Compare all options
  • Avoid accidental distributions
  • Confirm the receiving account
ExampleA direct rollover generally avoids having the check paid to you, but exact procedures must follow the receiving and sending institutions’ rules.

Put it into practice

  • Request current plan information
  • Compare fees and protections
  • Use a direct process when appropriate
Write down one decision and schedule a short review. Small, repeatable steps are easier to maintain than a one-time overhaul.
Educational information only. Money in Reach does not provide financial, investment, tax, insurance, credit, mortgage, or legal advice.