While these accounts can usually be recovered, tracking them down after the fact can take a lot of time and effort and means you've left money on the table. And, if you don't recover your employer-sponsored plans by the time you retire, you could face penalties for failing to withdraw money regularly. More than 25 million people who switched jobs between 2004 and 2014 left one or more employer-sponsored retirement accounts at their former workplace, according to a report from the Government Accountability Office. Many are probably leaving retirement plans with thousands of dollars behind. Millions of Americans are quitting and finding new jobs as the pandemic-fueled "Great Resignation" continues. "We highly recommend people don't leave money scattered all over," said Gail Reid, a certified financial planner and private wealth advisor for Ameriprise Financial Services in Glendale, California. Rollovers There are a few things that experts recommend looking at when switching jobs. First, if you have an employer-sponsored retirement plan that needs to vest, you may want to wait to quit your job to ensure you get all the matching funds you can, said Reid. When you start at a job, there are a few things you can do with your old plan. You can keep the money there, transfer it to a new plan with your current employer or put it into an individual retirement account. The process of moving funds is called a rol . . . read the full article here.