Establishing or changing careers can be a very exciting yet stressful time. To help make the immediate and future financial implications of the event easier to deal with, investigate your options and create a plan to address:

Retirement account options:

• Should you leave the money in the 401K held by your former employer?
• Is it best to roll that money into your new employer’s retirement plan, if allowable?
• What about opening an IRA and rolling it into that account?

Health, Life and Disability Insurance options:

• Ask about Cobra benefits and any company life or disability Insurance
• Ask if the Life and Disability Insurance is portable

Review your budget and increase or decrease your spend, as needed. Pay off debt if possible.

If possible, add additional funds towards your savings or retirement account.