Q. I'm changing jobs, and I'm not sure what to do about the 401 (k) I had from my old job.
A. We aren't investment experts and would encourage you to consult one if you have any questions about the best investment direction for your specific goals and needs. Broadly though, you have a few options. You may be able to leave the account where it is. Depending on the specifics of the account, fees may eat into your investments over time, and it could be confusing if you aren't the type that can keep track of disparate accounts. Alternately, you can cash it out and use the money for whatever purpose you choose. Be aware that you will be subject to taxes that may be substantial if you choose to cash it out. You can also roll your 401(k) account into an IRA. The rules for how you do that are complex, and you will want to check with the financial institution that is setting up your IRA to see if they can help you make sure you don't make any mistakes with the roll over.