Login or RegisterYou must login, sign up or register to view the following:Rolling over your retirement money: Good or Bad? When you leave an employer you pass along all the important files, turn in your office key, parking pass, ID badge and leave your e-mail address behind. The one thing that you need to think about long and hard before you leave it with your formeremployer is your Retirement money: 401(k), profit sharing, 403(b), TSP, etc. Yet almost forty percent of departing employees, ages 60 to 65 (and an even higher percentage of the younger ages), leave their retirement money in their former employers' plans. You stay put because you may feel a sense of loyalty, are unsure of how to transfer these moneys to another plan, are fearful of assuming direct responsibility for the investments, or simply are not aware that you can move all or some of the money. You should know that not taking your retirement money when you leave could jeopardize your future in retirement. In what follows, we'll discuss the pros and cons of taking your money with you and what you should do if you decide to move, or roll over, your pension money.
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