{"id":125,"date":"2025-08-13T21:10:02","date_gmt":"2025-08-13T21:10:02","guid":{"rendered":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/?page_id=125"},"modified":"2025-09-03T23:32:07","modified_gmt":"2025-09-03T23:32:07","slug":"take-your-money-with-you","status":"publish","type":"page","link":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/take-your-money-with-you\/","title":{"rendered":"Take Your Money With You!"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_section el_id=&#8221;take-your-money-with-you&#8221; el_class=&#8221;serv_inner&#8221;][vc_row][vc_column][vc_custom_heading text=&#8221;Take Your Money With You!&#8221; font_container=&#8221;tag:h1|text_align:left|color:%23000000&#8243; use_theme_fonts=&#8221;yes&#8221; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]Leaving your 401(k) with your former employer might seem like the easiest option, but it comes with drawbacks:<\/p>\n<p><strong>Limited Control:<\/strong><\/p>\n<ul>\n<li>Your former employer sets the rules for the plan including:<\/li>\n<li>Investment options.<\/li>\n<li>Withdrawal restrictions.<\/li>\n<li>Vesting rules.<\/li>\n<\/ul>\n<p><strong>Higher Fees:<\/strong><\/p>\n<ul>\n<li>Some plans charge higher fees for former employees, which can eat into your retirement savings.<\/li>\n<\/ul>\n<p><strong>Lost Track of Funds:<\/strong><\/p>\n<ul>\n<li>If your employer changes investment providers or moves to a new address, tracking down your 401(k) later can be a hassle.<\/li>\n<\/ul>\n<p><strong>Inability to Contribute:<\/strong><\/p>\n<ul>\n<li>You won\u2019t be able to add more money to the account, limiting your ability to grow your savings.<\/li>\n<\/ul>\n<p><strong>Multiple Accounts:<\/strong><\/p>\n<ul>\n<li>If you change jobs frequently, you could end up with multiple 401(k)s scattered across different employers, making it harder to manage your retirement funds.<\/li>\n<\/ul>\n<p><strong>Company goes out of business:<\/strong><\/p>\n<ul>\n<li>Unvested contributions by either employer or employee will be lost.<\/li>\n<li>If your employer fails to deposit your latest contributions, they will be at risk.<\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_btn title=&#8221;Back To Services&#8221; css=&#8221;&#8221; link=&#8221;url:https%3A%2F%2Fdev.internalstaging.com%2Fweb%2Fmedicare-ins-information%2Fservices%2F|title:Back%20To%20Services&#8221; el_class=&#8221;theme-btn&#8221;][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_section el_id=&#8221;take-your-money-with-you&#8221; el_class=&#8221;serv_inner&#8221;][vc_row][vc_column][vc_custom_heading text=&#8221;Take Your Money With You!&#8221; font_container=&#8221;tag:h1|text_align:left|color:%23000000&#8243; use_theme_fonts=&#8221;yes&#8221; css=&#8221;&#8221;][vc_column_text css=&#8221;&#8221;]Leaving your 401(k) with your former employer might seem like the easiest option, but it comes with drawbacks: Limited Control: Your former employer sets the rules for the plan including: Investment options. Withdrawal restrictions. Vesting rules. Higher Fees: Some plans charge higher fees for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"fullwidth.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-125","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/pages\/125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/comments?post=125"}],"version-history":[{"count":4,"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/pages\/125\/revisions"}],"predecessor-version":[{"id":157,"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/pages\/125\/revisions\/157"}],"wp:attachment":[{"href":"https:\/\/dev.internalstaging.com\/web\/medicare-ins-information\/wp-json\/wp\/v2\/media?parent=125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}