That's a great question, and I'm sure you're not the only one that's confused. 401k's can only be offered by the employer, so an employee isn't able to set one

That's a great question, and I'm sure you're not the only one that's confused. 401k's can only be offered by the employer, so an employee isn't able to set one up on their own. That's why we want to make it really easy for companies to get a 401k, so that we can expand people's access to them and help them save for retirement and get the tax benefits. You do indeed have the option to merge multiple 401k accounts together after you leave your job.