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February 9, 2021 21 min

Full show notes:  https://debtfreeguys.com/what-should-i-do-with-my-401k/

In the COVID era, many of us have been laid off or changed jobs. So, what should we do with the 401(k) from our previous employer? Is it better to cash it out? Or roll it over?

On this episode of Queer Money, we explain why you shouldn’t take an early distribution from your retirement account unless you absolutely have to, describing what our advice would be under normal circumstances and how things are a little bit different right now—based on provisions in the CARES Act.

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