A 401K is a great way to save for retirement, but many companies have stopped matching employee contributions or even discontinued their 401K plans entirely. If your employer is one of those companies, you may be wondering what you should do with the money in your existing 401K and where you should put any future contributions. Watch as Carmen Wong Ulrich explains your options.

If you have a financial question you'd like Carmen to tackle, post it here in the comments or email us directly at ivcommunity@mail.ivillage.com

Watch Carmen Wong Ulrich's 'On The Money' Saturdays at 8PM ET on CNBC! Find more information on coping with the economy with our Bail Yourself Out resources.