So You Got a New Tech Job... Now What? Part 4: Your Old Job

 Published On Jul 16, 2020

It's exciting to look forward to your new gig, but don't leave behind a mess!

1. Old 401(k) - Don't leave a trail of 401(k) retirement accounts across all of your previous companies. Know the tax consequences, early withdrawal penalty, and the "Rule of 55".
2. Old Health Savings Account - The remaining money in your HSA belongs to you, so don't forget to either take it with you or keep track of it.
3. Stock Compensation - Employee Stock Purchase Plans (ESPP), Restricted Stock Units (RSUs), and Incentivized Stock Options (ISOs). Know what the vested amounts are, have a plan, and don't let the options go to waste
4. The People - Leave well and keep in touch with old co-workers. You never know where your next opportunity will come from.

#personalfinance #money #tech

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