When switching jobs, most people remember to take the important things: a goodbye gift from a coworker, the plant from their desk, and so on. Unfortunately, many people forget to bring their retirement savings to their new job. Depending on how much you’ve saved, those funds could provide a boost to your retirement planning — or lead to an unexpected tax bill. This CNBC article explains why it’s so important to have a plan for the retirement funds you accrued with your previous employer.
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