Get Answers About 401k

Can you lump sum payments

Can a lump sum be added to your 401 at the end of the year?

Answered 7/30/2010 4:06 PM | Answer This | 1 Answer | See Question

Can my employer take my fringe benefit contribution (which the employer is required to pay) for each hour and put it in a 401...

I have highlighted some of the important things that was mentioned in this letter. Re: Importanat Changes to Our Fringe Benefits Program As a Service Contract Act (SCA) contractor filling the needs...

Answered 7/30/2010 11:58 AM | Answer This | 2 Answers | See Question

Does your contributions come out of your gross pay or your gross pay AFTER pre-tax health insurance premiums are deducted?

I have my gross salary pay and then my insurance premiums are deducted. After they deduct the health insurance, they THEN deduct my 6% contributions. Is that correct? Shouldn't the 401K contributions be on...

Answered 7/29/2010 6:37 PM | Answer This | 1 Answer | See Question

I had a 401k. I borrow against for taxes. If this is my money don't Ihave the option not to pay me back if I resign.

I had a 401k plan before I resigned from a previous job, did not have any place to move the money i had a loan taken out to help pay for taxes, it was also paid off I had about $11,000 when I got the check it was...

Answered 7/29/2010 6:34 PM | Answer This | 3 Answers | See Question

Can my former employer "Bad boy" me?

I left my former employer in 2007. I received a letter saying they are holding my 401K for 7 years because I went to work for the competition. Is this legal? I have lost a lot of money in the account over the last...

Answered 7/29/2010 | Answer This | 2 Answers | See Question

My company recently began 401K and are not putting in what is out of my check

My 401K is taken out of my check weekly but my company deposits it monthly and not the full amount per my pay stubs, is this legal? I want my money working for me that is why I contribute. They put the match in...

Answered 7/29/2010 | Answer This | 2 Answers | See Question

If a company dissolves are they legally obligated to make your 401K funds available to you within 30 days?

My company went out of business seven weeks ago (as of June 25, 2010) and when I call the 401K management company they tell me that they have not been notified of the company going out of business and therefore...

Answered 7/28/2010 | Answer This | 3 Answers | See Question

What can I use my 401k for?

What reasons can I use my 401k ?

Asked 7/28/2010 | Answer This | 0 Answers | See Question

I took out a 401k loan default?

I took out a 401k loan at my company and paid on it for a couple of years. I found a new job and they told me that unless i could pay it all off in 1 lump sum i had to default. I paid the penalties and the taxes...

Answered 7/27/2010 | Answer This | 1 Answer | See Question

Employoee Contributions

I recently cashed out my 401K. The last employer contribution was in Feb. 2009; I was let go in Oct. 2009. They said I was only eligible for 40%. Is there anything I can do about that? Why do they keep thier...

Answered 7/27/2010 | Answer This | 4 Answers | See Question