If we’ve taught you nothing else here at Bitches Get Riches, it’s that you should:
- sign up for your employer’s retirement plan and
- job hop your way to a nice fat salary.
Yet these two bits of career advice might seem to conflict with one another. After all, if you’re job-hopping your way up the salary food-chain, you might be leaving a trail of old retirement plans behind you to languish. What do you do with your old 401k when you move on to a new employer, or even embrace self-employment?
Enter the 401k rollover: the most hateful, obnoxious, and needlessly complicated bureaucratic process known to man.
Today we’re not only going to demystify the process of how to roll over an employer-sponsored retirement plan like a 401k—we’re going to make it beautifully, sinfully painless. It’s going to be so much fun you guys!!!!!Read More