What a great feeling.

There's nothing quite like getting a great offer and knowing you're moving on to a new, exciting position. And, if your new employer offers a 401(k) plan or another tax-deferred savings option, you can move your pretax contributions and earnings from your existing plan to your new employer's plan without incurring taxes or penalties, in most cases.

Limited options

Keep in mind that the options in your new plan may be different from those offered in your previous employer's plan. You also may have limited guidance on those assets, depending on the size of the company and how the plan is managed.

IRA plus 401(k)

Depending on your situation, it may be beneficial to roll the assets from your former employer's plan to an IRA while you start a 401(k) with your new employer. That way your money can work for you in two ways.

A local Edward Jones financial advisor is ready to help you roll your 401(k) plan assets over to an IRA to help you stay on track toward your retirement goals. Use our office locator or call 800-ED-JONES to find an office near you.

Take a
closer look

at the benefits of whether you should Roll it, Take it, Leave it or Move it with our 401(k) Options Chart.VIEW