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Investopediaยท2025-09-11 23:30

Retirement Savings - Nearly 30% of workers under 30 cash out their 401(k) when changing jobs [1] - Cashing out 401(k) leads to the loss of decades of compounding [1] Cost Analysis - Cashing out 401(k) is costly [1] Recommendation - Consider alternatives to cashing out 401(k) when changing jobs [1]