Leaving a job or retiring is a big change in your life. While you’re anticipating all the adjustments and challenges ahead, however, don’t neglect your retirement plan assets.
When you leave a job, a rollover IRA gives your money the potential to keep growing.
Of course, a rollover IRA is not the only option you have. Carefully compare all your options to make the best choice for you. Keep in mind any tax implications. If you’re not careful, taxes and penalties can eat away much of what you’ve saved.