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I would like to be updated regarding my 401k. I have not heard anything in at least 2 years.?

I have not heard anything about my 401k investment for over 2 years. Could you please inform me where my money is vested and what has been going on with that money and how I can change to change if I choose to. You may email me this information or mail it to 111 S. Willomet, Dallas, Tx 75208

Apr 16, 2012 by william from Dallas, TX
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3 votes

As Russ suggests, you should contact your HR department or plan administrator as soon as possible to ensure that they have current contact information for you. Then review your account balance and investment allocation ot make sure it is appropriate for your current circumstances.

If you are no longer employed by the company, I would probably advise you to roll over your account balance into an IRA Rollover account. You can reduce your fees and expenses, improve your access to different investments, and retain more control over your account. The rollover process may be a bit cumbersome, especially if the plan administrator does not have current information for you, but work through the bureaucracy to get control over your assets.

All the best.

Comment   |   Share This Answer   |  Report   |  Apr 16, 2012 from San Francisco, CA

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2 votes

Hi William,

Two years is a long time to not have seen anything on your 401(k) plan. Fortunately, it should be easy to get in touch with your money.

If you still work for the employer that has the 401(k) plan in question, then contact your HR department for information on how to get your statements. It may be you need to log in to set whetyher you want paper or electronic statements, and maybe it is set to electronic.

If you no longer work for that employer you can call the company's HR department or check here on Brightscope. It may be the employer changed the investment company that is managing the money, or they may not have the correct contact information for you. They can give you all the information you need to get in touch with the management company so you can get your statements and the other information you need.

Good luck!

Comment   |   Share This Answer   |  Report   |  Apr 16, 2012 from Permanente, CA

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