because its a huge hassle that many financial services companies have no incentive to facilitate or make easy or discoverable. And for many folks a job change is a stressful event even in the _best_ of circumstances.

I know when I was laid off a week after covid lockdowns, the last thing I was thinking about was how to roll over my 401k as the market collapsed and I began interviewing and trying not to freak out.

having retirement and health benefits coupled to employment is antiquated and stupid, but changing tax code and finance system around 401ks is probably the least of our problems in the US.

I have had 10 jobs now and had to rollover my 401K 6 times. I call the financial institution, they send me a check made out to “Vanguard FBO (for the benefit of) $MyName” and mail it to Vanguard with a form.

Now you can do it electronically by taking a picture of the check. When I’m done with the company I’m done. I sold all of my RSUs when I worked for BigTech as soon as they vested and diversified too.