After leaving your current job, you have up to 60 days to decide what happens to your💷 retirement savings. Otherwise, your savings transfer automatically to another retirement account. In most cases, employers have clear guidelines indicating what💷 you can do with your 401(k).

There are a few things to remember when you go💷 to rollover your 401(k) from a previous employer. If your previous employer disburses your 401(k) funds to you, you have💷 60 days to rollover those funds into an eligible retirement account. Take too long, and you'll be subject to early💷 withdrawal penalty taxes.