401K Rollover from Previous Employer to New Employer -- What Happens if I Leave the New Employer Before the 401K Rollover is Complete?
I'd like to rollover my 401k from a previous job to my new employer's 401k and am planning to start the process soon. However, I'm not sure how long I am going to stay at my current job. I've been looking for something else the past few months to no avail, so I may end up being here for a while.
If I start the rollover but then leave my current role, could that present any issues if I am no longer employed with the company? Or would the rollover go through?
For reference, my current employer is also a previous employer from about 5 years ago. I checked, and my previous account is still active (with a $0 balance since I moved the money out when I left years ago).
Also, are there any tips on how to process a smooth rollover?