Can you have multiple 401(k) accounts?

A 401 (k) is the most popular type of retirement plan private-sector companies offer, so you may have several different 401 (k) accounts over your working lifetime. Or, if you work multiple jobs, you might be offered 401 (k) plans from more than one employer simultaneously. Is this allowable?

Can I have two 401(k)s at once?

Yes, you can have multiple active 401 (k)s, 403 (b)s, SEP IRA, Solo 401 (k) or other type of retirement plan at once. Your contributions as an individual can’t exceed the annual limit for all plans combined, but your employer can contribute the maximum in each unrelated plan. Two Jobs, Two 401 (k)s?

Can I combine my 401(k) accounts?

Yes, you can combine your 401 (k) accounts. Here’s how to do it. Multiple retirement accounts may mean multiple investment decisions, statements, fees, emails, and more. Learn how to combine accounts to make it easier to manage your retirement savings. If you’re like a lot of people, you’ve probably had a few jobs over the years.