Latest / Becoming Financially Confident
Leaving a Job? Your 401(k) Options and What Cashing Out Really Costs
In today’s episode, Ralph Estep Jr. and Juliet focus on what to do with your 401(k) when you leave a job, and why cashing it out can cost far more than most people expect.
In This Episode
✓ The FTC sends $15.8 million in Cleo AI refunds by PayPal
✓ Consumer confidence jumps to 91.7 as gas prices ease
✓ Debt payments eat 52 cents of every dollar of income gain
✓ Carla’s $3,800 ER bill in collections and what to ask for first
✓ Your four 401(k) options after leaving a job
✓ Why cashing out can cost around 40%, and the 60-day rollover trap
If you’ve ever left a job and wondered what happens to…
The skinny
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