The days when an employee stuck with one company throughout their career are largely gone in the U.S. Instead, many workers switch jobs every few years, seeking new opportunities for professional development and salary increases. While a focus on one’s career mobility can be positive, one aspect of such a change is too often neglected retirement savings. For guidance on how to help protect the savings you have worked hard to earn, we turn to some helpful information via
Options When Switching
The information compiled by U.S. Money Reserve can help people learn what to do with an existing employer-sponsored plan when switching jobs. One helpful resource comes from the U.S. Securities and Exchange Commission, which defines four top options for how to handle such a move.