What happens to my 401(k) when I quit my job?

RetirementWarren TeamPublished April 25, 2026

Quick answer

When you quit, your vested 401(k) balance is yours forever. You can leave it with the old employer, roll it to an IRA or your new 401(k), or cash out (which triggers taxes and a 10% penalty if you're under 59½).

Four options for your 401(k) after leaving a job.

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