There May Be Fees If You Change Jobs (or You May Be Kicked Out of Your Plan)
If you switch jobs, keeping your 401(k) plan might become an issue. In some cases your employer might kick you out of the plan, forcing you to either take it to your new employer or roll it over into an IRA. Other employers might allow you to maintain your 401(k) account, but for a fee.
Either way, it’s not likely to be business as usual with your 401(k) plan. Even if you keep your plan at your ex-employer, you won’t be able to make tax-advantaged contributions because you won’t be earning a paycheck there any longer.
