Switched Jobs Recently? Your Old 401(k) Could Be a Hidden Trap

If you’ve changed jobs in the last five years, there’s one question that can come back to haunt you: What should I do with my old 401(k)? 👈

It’s easy to let it sit. After all, you’ve got a new role, new responsibilities, and a million things on your plate. But that forgotten 401(k) might be one of the most important financial decisions you’ll make this decade.

In this episode, we break down your main options — especially the pros and cons of rolling it into an IRA. We touch on:

• Wider investment choices: IRAs often provide more options than employer plans, which can help tailor your portfolio as your goals shift.

• Greater control: You decide where the money goes. But with that power comes responsibility.

• Potentially lower fees: Unlike a group plan, with an IRA you can shop around for the best fee structure.

But it’s not all upside. We also cover important caveats like:

• Creditor protection differences: Your 401(k) might offer stronger legal safeguards than an IRA.

• The NUA tax strategy: If you have company stock in your plan, rolling over could mean losing a huge tax break.

The bottom line? There’s no one-size-fits-all answer. But making the wrong move — or no move at all — could mean higher taxes, missed opportunities, or unnecessary risk.

✅ Talk to John White

Are you ready to get your financial house in order? Schedule a call with John White today! With over 30 years of experience helping families navigate the complexities of financial planning, John brings a wealth of knowledge and genuine care to every consultation. 

At Financial Guideposts, we are passionate about guiding you to where you need to be to ensure you and your family live your best, most stress-free life. Our mission is to keep your family financially protected, no matter what happens. Let us help you achieve peace of mind and financial security. Schedule your call with John White now and take the first step toward a brighter financial future.