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    Here's How To Move Your 401(k) When You Leave A Job — And Why You Probably Should

    You *can* take it with you (and you probs should).

    In 2021, more than 38 million Americans quit their jobs — and so far in 2022, the Great Resignation shows no signs of stopping.

    To get some expert insights and tips for anyone who's not sure what to do with an old 401(k), I reached out to Priya Malani, the founder and CEO of the financial planning firm Stash Wealth. Here's what we talked about:

    Note: Keep in mind that personal finance is extremely personal, so some of these tips may not apply in your situation. For personalized recommendations, consult a financial planner.

    1. First things first, what happens to the money in your 401(k) when you quit a job?

    Person holding a piggy bank labeled 401k

    2. If your employer offers a match, is that money automatically yours too?

    3. Sooo, asking for a friend, what if you haven't touched a 401(k) from a job you had a few years ago? Can you still make moves?

    4. What if you just leave your old 401(k) where it is?

    Woman carrying her things out of her office after quitting a job

    5. Should you roll an old 401(k) into a plan with your new employer?

    6. Is rolling a 401(k) into an IRA (Individual Retirement Arrangement) a better option?

    Blocks spelling out IRA

    7. OK, so how in the heck do you roll your 401(k) into an IRA?

    8. Alright, one last question. What happens if you took a loan out of your 401(k) that you're still paying back when you leave?

    Woman looking over her finances at home

    TL;DR? Every penny you've contributed to your 401(k) is yours, but employer contributions may not be, depending on the vesting schedule. Either way, it's often best to take these funds with you when you leave your job. You wouldn't leave your favorite coffee mug or your struggling desk plant behind, so don't abandon your retirement fund when you quit either.

    For more stories about work and money, check out the rest of our personal finance posts