What will happen to my 401(k) if I quit or lose my job?
You have four basic options for handling your 401(k) when you leave your job, whether you quit, are laid off, or are fired:
As you can see, there are pros and cons to each option. The best strategy for you will depend on your financial situation, how much money you have in the account, your age, and other factors. You should get some expert advice before making a decision, particularly if there's a lot of money at stake.