Watchdog on Wall Street with Chris Markowski podcast

Stop Abandoning Your 401(k): America’s Expensive Job-Switching Mistake

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A shocking number of workers are leaving their 401(k) savings behind when they switch jobs—losing years of investment gains as old employers sweep forgotten accounts into cash-parked IRAs. From missed rollovers to failing to reinvest, to cashing out and paying steep penalties, the mistakes add up fast. This commentary exposes how poor financial literacy and inattention can cost tens of thousands, and why Americans need to start treating their retirement like the serious responsibility it is.

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