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I just left a job and my previous 401k account still has over 5k in there. It is with empower. What’s the best way to handle this old account? I was told that as long as it’s over 5k, I can leave the money there as long as I want. So…. My question is: what does this mean? Is it just letting money sit there without anybody help me invest? Or does it mean my money still gets handled by empower? Unfortunately my new employer has fidelity to handle our 401k. I don’t k ow if it’s better just rollover to fidelity? I’m really new to this retirement plan area…and im really confused. TIA



Submitted March 21, 2022 at 09:13PM by cherryohh https://ift.tt/1pFSxEV

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