If you’re leaving a job you have three basic options with your 401(k), all of which make sure that the money you have already contributed remains your money.
The three options are:
1/ leave the money where it is,
2/ take out the cash or,
3/ roll it over.
If you decide to roll it over can roll your money into either your new employer’s retirement plan or into an individual retirement account (IRA). Often an IRA is the most common choice as you will have wide variety of investment options and lower fees, particularly when compared with a 401(k).