Get Answers About 401k Plans

I am an employer who is going to be acquired by another company. Do we have to merge 401k plans by law?

I was curious if various wholly owned subsidiaries of a holding company can have their own 401k plans. Can we all continue to have our own separate 401k plan?

Answered 6/25/2010 | Answer This | 1 Answer | See Question

My employer recently canceled all employee 401k plans. How long until I recieve my money?

The company I work for was recently purchased by another larger company, and the new owner decided that all employee 401k plans would be canceled. We each recieved a letter stating that the necessary paperwork...

Answered 3/15/2010 | Answer This | 2 Answers | See Question

Can I deduct the amount that I had contributed to my employers 401k plan?

I have two jobs with 401k plans. Can I deduct the amount of money that I have contributed during 2009 to my employers 401k plans?

Answered 2/7/2010 | Answer This | 1 Answer | See Question

This is the first year we have had 401K. Do I file something in my taxes? We have not withdrawn anything from either of our ...

How, or do I even, file the 401K information in my tax return?

Answered 1/20/2009 | Answer This | 1 Answer | See Question

I have 2 different 401K plans.

Plan 1:I took a $16000 loan on my previous employeers 401K plan. I will be penalized 10% + the early withdrawl tax. Plan 2: I lost $16,000 form a self directed IRA. Q. Can I write off the Loss from plan #2 to...

Answered 11/11/2008 | Answer This | 1 Answer | See Question

Is there a specific law that reqires company 401k plans in California to offer at least one safe investment choice?

Are company 401k plans required by law to offer at least one safe choice that will not loose money, such as CD's or savings accounts that are FDIC?

Answered 11/7/2008 | Answer This | 1 Answer | See Question

401k plans

Employee 401(k) plans are ______ taxable FICA, Federal and State or State or FICA, But not Federal and State

Asked 7/24/2008 | Answer This | 0 Answers | See Question

Do all 401k plans keep defaulted loans on the employee's quarterly statements?

I have a defaulted 401k loan that still shows on all quarterly statements, Is this standard practice for all 401k plans?

Asked 6/4/2008 | Answer This | 0 Answers | See Question

401k, can the government change the tax rate on 401k plans in the future?

I know that the government has changed the distribution age several times in the past on 401k plans but I was told that the government could change the tax rate anytime and for any amount.

Answered 3/5/2007 | View Answer | See Question

Can i maintain two 401k plans?

I recently left my job and have a small investment in 401K. My new employer has their 401k plan, and I am also familiar with Rollover option. However, I dont understand the process too well. Is it advisable: AA)...

Answered 2/19/2007 | View Answer | See Question

Are 401k plans better than traditonal company retirement plans ?

Keep in mind that there's a lot of people who simply do not earn enough money to contribute any decent amount of money to their employers 401k plans. Having said that, what if a person works 30 years and can't...

Answered 4/29/2007 | View Answer | See Question

401k plans in the philippines?

is there 401k plans here in the philippines or any similar plan?

Answered 1/2/2007 | View Answer | See Question

What is the difference between 403b plans and 401k?

People at work have been complaining that the companys retirement plan sucks. We have 403b matching up to 3% and they put another 3percent without us having to do anything. Most people don't do it. All...

Answered 6/15/2007 | View Answer | See Question

Does any1 know about 401k plans for the self-employed?

I am a self employee for my S Corp..was looking into 401k plans for saving some $ please advice TIA

Answered 11/27/2006 | View Answer | See Question

What is the latest statistics on 401k plans?

im sure the 2006 numbers are not out there yet, but for 2005, how many plans are there and how many active participants are there and how much assets are in 401k plans? if you could cited a source that would be...

Answered 11/13/2006 | View Answer | See Question

Can an employee contribute to two 401k plans if he has two jobs?

I have two jobs and both employers have 401K plans. I'd love to put $15K in both plans, but I was told that I couldn't do this. Any advice?

Answered 4/10/2006 | View Answer | See Question

Would allowing a one time limited amount withdrawal from 401k plans without penalties be helpful to economy?

In the present economy, what would be the impact of allowing folk a one time withdrawal from their 401k plans without the penalties to pay down debt, catch up behind payments, do home repair or to make targeted...

Answered 4/12/2008 | View Answer | See Question