114 | Changing Jobs? Here Are Your 4 Options for Your Old 401K

Many physician associates and other health care providers are changing jobs due to burnout or negotiating better compensation and benefits in other roles. But what are you supposed to do with the money in your old 401K plan through your previous employer? What happens to it if you change jobs? What are your options?  You actually have 4 different options to consider for your investments within your old 401K plan. In this episode, we'll review what those options are, discuss which option isn't ideal, and the pros and cons to consider for all of these options.    If you're ready to get started on your financial journey, reach out to me about coaching opportunities: [email protected]   Are you just beginning your journey to financial independence and want to learn more? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!   Website / Blog: pathefiway.com - View website to learn more about financial independence and to learn how we can work together to help you with your financial and career goals on your way to FI!   Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway    Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/   Follow or connect on LinkedIn: https://www.linkedin.com/in/katarina-kat-astrup-mspas-pa-c-175848255/     Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway    Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway   Keywords: physician associate , physician assistant , physician assistant financial independence , physician associate financial independence , physician assistant finances , physician associate finances , physician assistant finance , physician associate finance , physician assistant money , physician associate money , physician assistant school , physician associate school , PA school , PA-S , PA-C , pre-PA , physician assistant student , physician associate student , nurse practitioner , health care professional