Job change? Your guide to a financially smooth job transition

In the past, employees traditionally worked for one company for the majority of their career.  However, this is becoming increasingly uncommon for today’s workers.  Employees are typically feeling unappreciated and overworked, and as a result a number of individuals are seeking a job change more often than we have seen in the past. With intra-career job transition becoming more the “norm” in today’s society, it’s important for you, as the employee, to understand the impact such a transition will have on your financial situation, the level of control you will have with certain benefits, the benefits you might be forced to leave behind and the critical decisions you’ll need to make along the way. Regardless of why you are transitioning into a new role, if you find yourself in this position make sure you consider the following to ensure a smooth transition. Considerations for your current/previous employer benefits Changing jobs presents you with an opportunity to consolidate and take control of your retirement benefits. While each company specific plan will have its own rules, there are a number of questions to consider when Read on! →