Archive for May 2008
How can I get my 401(k) from my previous employer?
Bucket asked:
The company I worked at two years ago had a 401(k) plan I enrolled in, and after I left the company I never did anything with the account. How do I go about accessing if it’s still possible, and what should I do with it. I don’t have a 401(k) with my current company, so I can’t roll it over. Is it even still possible to get access to that money?
The company I worked at two years ago had a 401(k) plan I enrolled in, and after I left the company I never did anything with the account. How do I go about accessing if it’s still possible, and what should I do with it. I don’t have a 401(k) with my current company, so I can’t roll it over. Is it even still possible to get access to that money?
Can you put your 401 K towards a plain savings account until you decide?
CasinoFan asked:
Im planning on doing 401 K account with my company, and they said I can invest it in stocks or whatever way I want, but until I decide, Can you put your 401 K towards a plain savings account until you decide? Or does 401 K have to be a specific stock?
Im planning on doing 401 K account with my company, and they said I can invest it in stocks or whatever way I want, but until I decide, Can you put your 401 K towards a plain savings account until you decide? Or does 401 K have to be a specific stock?
How does pension reflect in a W-2 form and how is it different from 401(k) etc?
sng2350 asked:
Where does pension appears in the W-2 form. Which Box within W-2 form will it appear? Does the pension has to be deducted for social security and medicare tax? Is pension a part of 401(k) and other retirement plans?
Where does pension appears in the W-2 form. Which Box within W-2 form will it appear? Does the pension has to be deducted for social security and medicare tax? Is pension a part of 401(k) and other retirement plans?
What penalties will a coworker encounter if he spends 401(k) money from leaving a job in Nebraska?
b2364 asked:
I have a co-worker leaving his job and will live off his 401(k) money that he built up over the course of 10 years. I feel he is fool for doing this cause of the taxes and penalties that doing so will occur. Can someone give me an example of $10,000.00 that was saved up is likely to be taxed and penalties assessed?
I have a co-worker leaving his job and will live off his 401(k) money that he built up over the course of 10 years. I feel he is fool for doing this cause of the taxes and penalties that doing so will occur. Can someone give me an example of $10,000.00 that was saved up is likely to be taxed and penalties assessed?