Even though you're off to a new job, most employer-sponsored plans allow you to keep your money right where it is (depending on your account balance). There's no paperwork, or any action required on your part. You can be on your way while money safely stays behind…income-tax-deferred and earning interest, if any.

Pros and Cons Next Steps

"Hear that ticking noise?"

If you had less than a certain amount invested, your employer may have automatically mailed you a check for your balance. You still have 60 days to reinvest it in a qualified plan to avoid income taxes and possible penalties, depending on your age. Want details? This could save you a bundle.