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Can i borrow a loan from my 401 k for personal needs
Can i borrow a loan from my 401 k for personal needs

Or for a bussiness loan.

Open | Answered 1 hour ago by Trove882 | Category: 401k | 11 Views | Answer Question Now
If an employer stops all matching on your 401k, am i able to take my money out of the 401k plan because they did this
If an employer stops all matching on your 401k, am i able to take my money out of the 401k plan because they did this

The employer is stopping all matching on 401k's due to economic reasons. Does this mean the employees are then able to take out all of their money in the 401k accounts?

Open | Answered 1 hour ago by Trove882 | Category: 401k | 5 Views | Answer Question Now
I was laid off work can I draw out my 401K if I'm unemployed and is there penalities?
I was laid off work can I draw out my 401K if I'm unemployed and is there penalities?

Laid off work and nee my 401K money

Open | Asked 2 hours ago by Lentil452 | Category: 401k | 0 Views | Answer Question Now
Can an employer contribute less than a 3% safe harbor non-elective contribution?
Can an employer contribute less than a 3% safe harbor non-elective contribution?

If an employer notifies participants that they MAY contribute a 3% nonelective contributions - then provides a supplemental notice, can the contribution be 2% of compensation? Will the plan remain safe harbor if...

Open | Answered 4 hours ago by Trove882 | Category: 401k | 8 Views | Answer Question Now
My company 401k restricts my investment options to a group of mutual funds. Can I move my funds & self direct my own acct?
My company 401k restricts my investment options to a group of mutual funds. Can I move my funds & self direct my own acct?

I have a company 401k and do not like my investment options, do I have the right to move my funds to a self directed account or under the managed account of my choice?

Open | Answered 4 hours ago by Trove882 | Category: 401k | 4 Views | Answer Question Now
I have been waiting for over a year to recieve my disbursement of my 401k.i sent my election form back since 10/16/2008
I have been waiting for over a year to recieve my disbursement of my 401k.i sent my election form back since 10/16/2008

The company I worked for last year closed since 7/07.I finally got my election forms on 10/08.I have not recieved my disbursement from my 401k yet,How does this process work after you have given all the info that...

Open | Asked 19 hours ago by Scrim845 | Category: 401k | 3 Views | Answer Question Now
In New Hampshire how old do you have to be to enroll in 401K?
In New Hampshire how old do you have to be to enroll in 401K?

I was wondering if you had to be 18 or 21 before you could get a 401k in NH.

Open | Asked 21 hours ago by Revue725 | Category: 401k | 2 Views | Answer Question Now
Need forms to change
Need forms to change

Need forms to make changes

Open | Asked 23 hours ago by Xxxiii194 | Category: 401k | 3 Views | Answer Question Now
How long does an employer have to submit employee deferrals to the 401k plan?
How long does an employer have to submit employee deferrals to the 401k plan?

How long does an employer have to submit employee deferrals to the 401k plan?

Open | Asked 1 day ago by Iapetus862 | Category: 401k | 2 Views | Answer Question Now
Are 401k losses tax deductible
Are 401k losses tax deductible

My husband has lost at least one third of the value in his 401k fund. Is any of this loss tax deductible?

Open | Answered 1 day ago by alanpslfl | Category: 401k | 38 Views | Answer Question Now
Can I contribute to my employer's 401k even though I am older than 70 1/2?
Can I contribute to my employer's 401k even though I am older than 70 1/2?

Can I contribute to my employer's 401k even though I am older than 70 1/2?

Open | Answered 1 day ago by guido | Category: 401k | 23 Views | Answer Question Now
How do i get my 401k
How do i get my 401k

I changed jobs now i would like to get my 401k

Open | Answered 1 day ago by Trove882 | Category: 401k | 13 Views | Answer Question Now
How do I draw out my 401k money right now
How do I draw out my 401k money right now

How do i draw out my 401k money now?

Open | Answered 1 day ago by Trove882 | Category: 401k | 15 Views | Answer Question Now
Is the value of my original contributions guaranteed?
Is the value of my original contributions guaranteed?

As the markey value of my 401k goes down, is the amount of money I contributed guaranteed? In other words, do I stand a chance of losing what i have contributed over the years or just the market gain in my investment?

Open | Answered 1 day ago by Trove882 | Category: 401k | 7 Views | Answer Question Now
Tell me about deferring my MRD on my 401(k)
Tell me about deferring my MRD on my 401(k)

I am old enough to be required to take an MRD on my IRAs. However, since I am still working I have deferred taking any withdrawal from my 410(k). Now I am planning to change jobs. Since I am no longer going...

Awarded | Answered 1 day ago by Trove882 | Category: 401k | 14 Views | Awarded to: guido guido
How can i find informatiom on my 41k?
How can i find informatiom on my 41k?

I would like some information on my 41k

Open | Asked 1 day ago by Vcr931 | Category: 401k | 3 Views | Answer Question Now
I used to work at Suntrust...Capital one..and First north american national bank about 5 years ago...where do i find my 401k
I used to work at Suntrust...Capital one..and First north american national bank about 5 years ago...where do i find my 401k

I just wanted to know....do i have money that is owed to me just sitting there? If i do....how do i get it?

Open | Asked 1 day ago by Serow832 | Category: 401k | 4 Views | Answer Question Now
Death benefit request form
Death benefit request form

When someone has died how do the benefishery recieve the money that is in the account.

Open | Asked 2 days ago by Barroom282 | Category: 401k | 6 Views | Answer Question Now
Can I withdraw money from my 401 without the 10% early withdrawal penalty to pay my house off?
Can I withdraw money from my 401 without the 10% early withdrawal penalty to pay my house off?

I was permanently laid off this week. I am age 52 and my 401 is a company one at John Hancock. It is all my money. There was no company match. This would be considered a hardship with my loss of wages.

Open | Asked 2 days ago by Pronk663 | Category: 401k | 8 Views | Answer Question Now
Can I withdraw funds without penalty for child support as I am unemployed and have fallen behind
Can I withdraw funds without penalty for child support as I am unemployed and have fallen behind

Can I withdraw funds without penalty for child support as I am unemployed and have fallen behind

Open | Asked 2 days ago by Milk992 | Category: 401k | 7 Views | Answer Question Now
What are the penalities for cashing out a pension before age 55 for hardship
What are the penalities for cashing out a pension before age 55 for hardship

I have a pension plan and I am 47 years old. I have breast cancer and have fallen on difficult times--can I cash the pension plan out and how much money will I lose?

Open | Asked 2 days ago by Heritor852 | Category: 401k | 7 Views | Answer Question Now
Laws re. 401k rolloever distribution for a pool balance forward plan?
Laws re. 401k rolloever distribution for a pool balance forward plan?

Must my former employer use the most current statement for a 401k rollover distribution for a pooled balance forward plan or can he arbitrarily re-evaluate the account for some people but not for others, depending...

Open | Asked 2 days ago by Feebly353 | Category: 401k | 5 Views | Answer Question Now
What is 401K Limit for Puerto Rico
What is 401K Limit for Puerto Rico

What is 401K Limit for Puerto Rico

Open | Asked 2 days ago by Utu297 | Category: 401k | 3 Views | Answer Question Now
Is there a time frame required by law for an employer to make 401k withholdings from an employee to the plan?
Is there a time frame required by law for an employer to make 401k withholdings from an employee to the plan?

Is there a time frame required by law for an employer to make 401k withholdings from an employee to the plan?

Open | Asked 3 days ago by Theseus324 | Category: 401k | 1 View | Answer Question Now
401K safe harbor
401K safe harbor

We have a 401K Safe Harbor plan for our small business. Are we required to pay the annual fees for the employee participants? If an employee is terminated, how do we get him to rollover his account to another...

Open | Asked 3 days ago by IForce922 | Category: 401k | 3 Views | Answer Question Now
I borrowed from my 401k.  Do I have to repay all of it?
I borrowed from my 401k. Do I have to repay all of it?

My wife and I took out $41,664 as a loan on my 401K. After taxes, we received $37,497 which we used strictly to pay off credit cards. This was about 40% of my entire 401k. Now there are "major" automatic...

Open | Asked 3 days ago by Steak277 | Category: 401k | 10 Views | Answer Question Now
How do you calculate taxes coverting 401K to Roth IRA
How do you calculate taxes coverting 401K to Roth IRA

I want to convert / rollover a 401K to a Roth IRA. How do you calculate the taxes? Are they due at time of conversion or when you file your tax return? Thank you!

Open | Answered 3 days ago by Trove882 | Category: 401k | 10 Views | Answer Question Now
I am 70 1/2 - non owner - must I begin taking distributions now even though I am still working and contributing to my 401k?
I am 70 1/2 - non owner - must I begin taking distributions now even though I am still working and contributing to my 401k?

Age 70 1/2 - still working - still contributing to my 401k - I do not own any part of the business Must I take minimum required distributions from my 401k anyway?

Open | Answered 3 days ago by guido | Category: 401k | 23 Views | Answer Question Now
If I loose my job how do I get my money out of the 401k?
If I loose my job how do I get my money out of the 401k?

I just want to know the steps on getting my money out of the 401k

Open | Answered 3 days ago by Trove882 | Category: 401k | 13 Views | Answer Question Now
How do you find old 401k's
How do you find old 401k's

I have had 401k's in almost every job I have had I was ignorant about them and did not know that once you left the money was still yours and you could take with you, How do I find out if I have any of them...

Open | Asked 3 days ago by Ineptly346 | Category: 401k | 6 Views | Answer Question Now
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