Get Answers About 401k Company

I took out a 401K loan for $15,000 and a week later they stated I could not take a loan out because I had 1 out and they repo...

I applied and completed the loan on their website and they sent me the loan papers, however, a week later they stated it needs to be a "Withdrawal" from my 401K and the IRS sent me a letter that is stating...

Answered 10/6/2011 | Answer This | 2 Answers | See Question

What to do with existing 401k company going under

My hubbys company is c losing gave him the paperwork for his 401k, we need advice of what the best thing to do with the money, its approx 34,000. he is only 43 yrs old and does not want to cash it out

Answered 9/30/2010 | Answer This | 4 Answers | See Question

How much notice does an employer needs to give to employee regarding a change in benefits?

In the past years, the employer paid for the annual fee for 401k and this past week, the employees received individual invoice for the annual fee from the 401k company.

Answered 2/23/2010 | Answer This | 1 Answer | See Question

Can my husband's 401k company rollover a maxed out 457 plan into a 401k plan for 2009?

My husband received a settlement from his previous employer, he asked them to roll his setlement into his 457 account until maxed out and put the remainder into his 401k account. When we received the 2009 W2 the...

Asked 2/11/2010 | Answer This | 0 Answers | See Question

My widowed father who passed away in Aug. 09 has a 401k that my 2 brothers and I inherited.

We do not have a tax identification number for settlement of estate. I was told by a representative of the company that 401k is with to write a letter stating that the social security number of the deceased is/was...

Asked 2/3/2010 | Answer This | 0 Answers | See Question

My 401K

I can't find my 401K and the company I work with them was closed ten year ago and I not rollover my 401k to the new company and I lose all my paper work 401K company how can I find my 401 account, Thanks

Answered 1/19/2010 | Answer This | 1 Answer | See Question

How do we get our funds from 401k?

Our employer decided to withdraw his money from our 401k. This turned into a nasty verbal battle with the head of the 401k company because of the high administrative fees. The company sent a letter immediately...

Asked 4/28/2009 | Answer This | 0 Answers | See Question

Suing for losses

I was laid off in August of 2008 and in September I tried to remove my money out then because I wanted to reinvest in IRA also I knew the 401k company wasn't investing my money properly. I was told that our...

Answered 3/4/2009 | Answer This | 1 Answer | See Question

61 yrs old. Just now eligible for my new employer's 401k. Company matches 25% of the 1st 6% of employee election. Enroll?

I can enroll now or wait til July of '09. The way the current investments look, is it wiser to wait til later, if at all?

Answered 12/29/2008 | Answer This | 1 Answer | See Question

Can I take a hardship against my 401k if I have outstanding loan that is less than my balance?

My 401k company is advising that because I have a loan outstanding that I cannot request a hardship even though the loan amount is less than the amount of the overall balance that is in my 401K. Is that legal?

Asked 11/25/2008 | Answer This | 0 Answers | See Question

I closed 401k with former employer. the 401k company sent the check to the employer and he kept it. now what?

I had a new 401k company and wanted to rollover the old 401k into the new 401k. I called the old 401k company and they said they would send out a check. Unknow to me They sent the check to the executor of the...

Answered 1/13/2008 | View Answer | See Question

401k company matching question.?

Curently I am making $2089.00 before tax a month and contributing 3% a pay check to my companies 401k. Can someone expain the following. Are they matching anything of mine right now, and if not how much will they...

Answered 4/9/2008 | View Answer | See Question

Can i transfer my company 401k savings to a roth 401k w/o penalty?

Im just not getting the returns I would expect from the 401K plan I have with my company and feel I could benefit from rolling over the money into something else. Any suggestions would be greatly appreciated. I...

Answered 10/22/2007 | View Answer | See Question

I retired and need to move my company 401k money to a private 401k, which is a good one?

What would be a good company to manage my 401K. Who has the lowest fees, best track record for growing one's savings, etc..

Answered 4/30/2007 | View Answer | See Question

When i rollover my company 401k, can i receive any of the post-tax contribution i made?

I worked for a company that unexpectedly sold to another company. I am now working for the new company. The transition was three weeks ago. I am 57 years old. In addition to adjusting to the new management, I have...

Answered 3/24/2008 | View Answer | See Question

I have a 401k at my old company, should i roll it over into my new company 401k and lose 5%?

i have a 401k that i started back in jan 06, i quit that company in april and i started with a new company which has a 401k plan as well. i wanted to roll over my old 401k into my new plan but i called today and...

Answered 5/23/2007 | View Answer | See Question

How would my payroll company handle a $5,000 roth 401k employee salary deferral?

This is my first year contributing to my new 401k, and the employee contribution part of it is of the Roth 401k variety. I'm trying to figure out exactly how the payroll company is going to handle the breakdown....

Answered 12/18/2007 | View Answer | See Question

Year end deadline for participant contribution to company sponsored 401k plan?

For tax purposes, what is the deadline for a year end participant contribution to be deposited in a company 401k plan? Also, what determines the date that a 401k contribution made by the participant and deducted...

Answered 1/3/2007 | View Answer | See Question

Notification of 401k company change?

The company I worked for until they closed our office changed 401k administrators. I only found out when I went to the old site and my balance was zero. Is there any kind of law that they must advise me when my...

Answered 4/5/2007 | View Answer | See Question