Mistakes Millennials are making when changing jobs:
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While boomers spent their entire career with a single employer, millennials are changing jobs every three to five years and could have upwards of 15 employers in their lifetime. Retirement plan balances are always transferrable so you can take the funds with you when you leave your current job. If your balance is relatively low, you can simply transfer it into your new company’s plan and build on top of it. But if you have six figures sitting in your account, you may want to look into an Individual Retirement Account to take advantage of the flexible investment structure.
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