Answers from Top Financial Advisors

Hi Matthew! Plans that are subject to ERISA laws must file a form 5500. According to the Department of Labor's website, ERISA is "a federal law that sets standards of protection for individuals in most voluntarily established, ...(more)
10 hours ago
Janet - Your best bet is to contact the HR department at your former company. They should be able to answer your question(s), or refer you to the plan administrator. Good luck! Brian Pinkston, CFA, CFP® ...(more)
yesterday
Peter C. Karp Level 20
Walter You will need to contact your HR Dept. to find out if your plan allows for loans and the details will be in your Summary Plan Description document. If a loan is allowed it is usually for a minimum amount of $1,000. ...(more)
2 days ago
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