Consolidating multiple 401k accounts

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If you decide to move the money out of your old 401(k), you have two options: transfer it into a 401(k) at your new job or roll over the funds into an IRA.Obviously, the first option is only possible if you already have a new job and your new company offers a 401(k) plan.The most important thing to understand when moving money from one 401(k) to another is the difference between a transfer and a rollover.This white paper was not prepared to be used, and it cannot be used, by any investor to avoid penalties or interest.Prospective investors should confer with their personal tax advisors regarding the tax consequences of investing with Wealthfront and engaging in these tax strategies, based on their particular circumstances.

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