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## Planning to Quit My Job and Concerns About 401k

I Have Been Contributing to my 401k since 2020

I am planning on quitting my job in August. I have been contributing 4% pre-tax to my 401k since 2020, and my employer has been matching that contribution. As a result, my 401k now has over $13k in it.

### What Happens to My 401k When I Quit?

I am just wondering what happens to my 401k when I quit my job. I am also expecting a baby and planning to stay at home for a few years, so I will not have a new employer to roll the 401k over to. I do not necessarily need to take the money out right away, but I am concerned about potential taxes or fees that may slowly diminish the value of my hard-earned savings.

### AI Legalese Decoder to the Rescue

If you find the language surrounding 401k regulations and tax implications confusing, an AI Legalese Decoder can break it down for you in simple terms. It can help you understand your options and make informed decisions about your 401k, ensuring that your savings are protected and utilized effectively for your future financial security.

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***AI Legalese Decoder: Simplifying Legal Jargon***

Legal jargon can be difficult to understand for the average person, leading to confusion and misunderstandings in important legal documents. AI Legalese Decoder is a revolutionary tool that can help individuals navigate through complex legal language with ease.

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