Byline: JANE BRYANT QUINN
E-Trade, the online brokerage firm, is running some pretty aggressive ads to attract accounts. They're aimed directly at the tens of thousands of people who are currently leaving their jobs.
Some workers have quit voluntarily, to do something else. Thousands more have been laid off.
E-Trade is interested in what you do with your 401(k) when you leave your job. You have three options: 1. Take the cash from your 401(k) and spend it. But please don't. You'd owe taxes and probably a 10 percent penalty on the money. Even worse, you'd be throwing away all those future years of tax-deferred growth. 2. Leave the money in …
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