Navigating 401(k) Management Amid Rising Layoffs

December 27, 2025 - 13:48

With layoffs making news this year, a financial planner reminds you not to forget your 401(k). As companies continue to downsize, many employees are facing uncertainty regarding their financial futures. In light of these changes, it's crucial to prioritize retirement savings, particularly your 401(k) plan.

Financial experts emphasize the importance of understanding your options when transitioning between jobs. If you find yourself laid off, you may have several choices regarding your 401(k), including leaving the funds in your current plan, rolling them over to a new employer's plan, or transferring them to an individual retirement account (IRA). Each option has its advantages and disadvantages, so it's essential to evaluate them carefully.

Additionally, maintaining contributions to your 401(k) during employment transitions can help ensure that your retirement savings continue to grow. Experts also recommend reviewing your investment strategy regularly to align with your long-term financial goals. Staying proactive about your retirement savings can provide peace of mind during uncertain times.