Employer-sponsored retirement plans have portability,allowing you to transfer the funds to another employer or self-managed retirement account when you leave employment.

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Employer-sponsored retirement plans such as 401(k)s, 403(b)s, and pensions have portability features, which means that you can transfer the funds to another employer's retirement plan or a self-managed retirement account such as an IRA when you leave your job. This allows you to continue to save for retirement and keep your retirement savings in a tax-advantaged account.

Employer-Sponsored Retirement Plans Have Portability,allowing You to Transfer the Funds