With a new job often comes a new retirement plan — which is why almost half of employees switching jobs also cash out their 401(k)s.
But employees should stay the course with their retirement accounts and not cash out their 401(k), according to financial advisors Shannon Eusey and Zaneilia Harris caution.
In this video, Eusey and Harris explain why employees on the move should stand pat with their retirement account.
Video credit: CNBC
Photo by TaxCredits.net via Flickr CC License