Leaving a job? What to do so you don't misplace retirement savings investinyou (In partnership with acorns.)
As millions of Americans quit their jobs in favor of taking time off, finding a new job or even starting their own business, financial experts have a warning: Don't lose track of valuable employer-sponsored retirement plans.
Of course, these accounts can be recovered years after the fact. However, tracking them down later can take a lot of time and effort, and means you've probably missed out on earnings from neglecting to manage your investments properly. "We highly recommend people don't leave money scattered all over," said Gail Reid, a certified financial planner and private wealth advisor for Ameriprise Financial Services in Glendale, California.To ensure you don't leave any money on the table, there are a few things experts recommend doing when switching jobs.
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