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Asked 12/2/2008
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How can i find out how much money i have in my 401k plan? I have a 401k plan but i'm not sure how much i have and how can I withdrawl the money. |
Answer 1/1 - Submitted 12/2/2008
You need to contact the financial institution holding the account to find out how much is in there. If you don't know, your HR department should be able to give you that information.
As for withdrawing, again you can contact the institution to get the money. Be aware you will pay a 10% penalty if you are under 59 1/2 as well as taxes on the money.
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