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  1. J

    I quit my job. I now have a 401K and don’t know what to do with it.

    @kayreborn Thank you! Also, what’s much more common in the industry now is for the QDIA to be a target date fund to avoid the classic issue of someone not choosing an investment and being in a stable value for 20 years unknowingly.
  2. J

    I quit my job. I now have a 401K and don’t know what to do with it.

    @abarairukia It would be in a cash equivalent in a 401k such as a stable value or money market fund. Cash is not an option in 401k plans. Source: I do retirement plan recordkeeping for a living.
  3. J

    I quit my job. I now have a 401K and don’t know what to do with it.

    @blackrose14 The money will always be invested, you just want to ensure it is in mutual fund investments and not cash equivalent investments (stable value) as they offer very little return. It is very very very uncommon for 401k funds to be automatically invested in company stock as that would...
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