Handling Retirement Savings During Job Changes

Are you changing jobs soon? Wondering what to do with your retirement savings? Join Ralph Estep, Jr., as he discusses handling retirement savings during job transitions. Don't miss out on valuable tips and real-life examples!Navigating Retirement Accounts During Job Transitions: Essential Tips and Common PitfallsIn this episode of the Ask Ralph Podcast, Ralph Estep, Jr., a seasoned financial professional with over 30 years of experience, provides valuable insights on managing retirement accounts when changing jobs. From discussing common employer-sponsored retirement accounts like 401ks and 403Bs, to the pros and cons of cashing out, leaving the money in the old plan, rolling over into a new employer's plan, or moving into an IRA, Ralph covers it all. He also shares a cautionary tale about a costly financial mistake made by a client. The episode concludes with practical action steps, a compelling real-life example, and a heartfelt prayer for wisdom in financial decisions.00:00 Navigating Retirement Accounts During Job Transitions00:27 Welcome to Ask Ralph: Financial Wisdom from a Christian Perspective01:20 Understanding Your Retirement Account Options03:52 Exploring the Four Main Options for Your Retirement Account07:46 Personal Insights and Advice on Retirement Account Rollovers09:31 Action Steps for Managing Retirement Accounts Amidst Career Changes11:29 A Cautionary Tale: The Importance of Wise Financial Decisions13:37 Closing Thoughts and Prayer for Financial StewardshipLISTEN NOWWATCH NOW ON YOUTUBE (OUR VIDEO VERSION)WATCH NOW ON RUMBLE (OUR VIDEO VERSION)SUPPORT THE SHOWPlease share our Podcast with all your friends and family!Submit your questions or ideas for future shows - email us at [email protected] or leave a voicemail message on our podcast page Leave A Voicemail MessageBuy Ralph's Book - Mastering Your Finances! Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business JourneyBuy Ralph's Book - How to Become a Financially Confident ChristianWant to be a guest on Financially Confident Christian? Send Ralph Estep, Jr. a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1704313698808231d175d3ba6Tired of feeling stuck in your business? Discover my 12-week coaching program built for small business owners just like you: www.gritandgrowthbusiness.com/coaching