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Stock impact report

After a job loss, don't forget to manage your 401(k) — it's ‘one of your biggest assets,' CFP says [CNBC]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: CNBC
For workers who lose their job, it's important to consider what to do with their 401(k) account at their ex-employer. Among the decisions to make is whether to leave the assets in the plan or move them. If you have an outstanding 401(k) loan when you lose employment, there may options for how to handle it. Jackyenjoyphotography | Moment | Getty Images If you've been laid off recently, you likely have many financial tasks to tackle as you navigate that life-changing event. Just don't forget to tend to your 401(k). Amazon Target and United Parcel Service are among the corporations that have recently announced job cuts. While the Bureau of Labor Statistics has not released an official monthly jobs report since before the federal government shutdown started Oct. 1, economists have expressed concerns about a softening labor market amid the flurry of layoffs. One report, from outplacement firm Challenger, Gray & Christmas , shows job cuts in October of 153,074 , which is a 183% Show less Read more
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