If you have an employer sponsored 401k and you happen to leave your current job, you’ll probably have some decisions to make about how to handle that money going forward. In most cases if you have $1,000 or less in your 401k, you will probably get that money in the mail within a month or two after you stop working for the company. But if you have over $1,000, but less than $5,000 in your account, you can choose whether to cash out your account or roll it over.
