Changing Jobs

Changing your career or starting a new business can be an exciting time with many new and rewarding challenges. Here are some ideas to assist you in meeting your financial needs.

• Leaving Your Old Job
• What To Do With Retirement Plan Assets
• Plan for Your Insurance Needs
• Small Business and Charitable Giving

Leaving Your Old Job

Make sure that the transition to your new employer is an easy one.

Steps to Consider

• Meet with the benefits counselor to discuss what benefits you may be able to keep or transfer, or that you may need to replace.
• Determine any compensation that may be due: back pay, vacation days, sick pay, or future pensions that you may have qualified for.
• Determine when insurance coverage will expire, such as health, disability, or life insurance.

Fidelity Solutions

• If you've moved, Update Your Address for your Fidelity accounts.

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What To Do With Retirement Plan Assets

You have several options for managing your retirement assets when you leave an employer. At Fidelity, we believe that simplifying your finances by bringing together old workplace accounts to one place is an important part of a sound financial strategy for many people. We can help you determine where best to consolidate and help you manage your existing retirement savings based on your individual needs and preferences.

For many investors, consolidating old workplace savings accounts into an IRA offers the most compelling benefits for managing one's retirement savings.

You should also review investments at least once a year and rebalance as necessary.

In your new job, enroll in your workplace savings plan and take full advantage of any employer match and increase your contribution to the maximum allowed.

Fidelity Solutions

• Visit the Fidelity IRA Center to learn about options for your old workplace savings plan When You Change Jobs.
• Learn about Fidelity Rollover IRAs.
• Consider Fidelity Freedom Funds or PAS
• Use the Portfolio Review to help you identify a target asset mix and develop an investment portfolio for your rollover assets.
• If you have highly appreciated company stock, call
  1-800-FIDELITY to learn about possible appropriate net unrealized appreciation (NUA) strategies.

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Plan for Your Insurance Needs

Steps to Consider

• Review your health insurance coverage for the time that you are between jobs as well as what your coverage options are at your new job.
• Assess the changes in your new employer's coverage to ensure that you have adequate life and disability insurance.
• Review the beneficiary designations on your insurance policies.

Fidelity Solutions

• Learn about Life Insurance at Fidelity Investments.

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Small Business and Charitable Giving

Fidelity Solutions

• If you are a small business owner, use the PlanMatch Tool to consider a Fidelity plan that might be right for your business.
• Consider the Fidelity^® Charitable Gift Fund^SM to learn how Fidelity can help you execute your giving strategy, either through your new employer or on your own.

• Portfolio Review is an educational tool.
• The Fidelity^® Charitable Gift Fund^SM ("Gift Fund") is an independent public charity with a donor advised fund program. Various Fidelity companies provide non-discretionary investment management and administrative services to the Gift Fund.