What to Do With Your Old 401(K) (Step-By-Step!)
The Personal Finance Podcast
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How to Open a Rollover IRA
The IRA is a traditional retirement account. It has the same rules as 401k, except you just can't contribute as much. Most people do this, they roll it over to the IRA for these three reasons: You're not tied to your old employer. You have better investment options. And it's a faster process.
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