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Asked 1/16/2009

What happens to my 401k money when I switch jobs and, new job does not offer 401k.

What happens to my 401k money if I switch jobs and new job does not have 401k.

 
 
 
 
 
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Answer 1/1 - Submitted 1/17/2009

The funds remain with your current job until you switch the account or just leave it be. Do know if you move the funds, you must do it within 90 days or you will be penalized by the IRS.

 
 
 
 
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