Trending Question and Answers Ask a Question

0 votes
Justin, If you have funds in a 401(k) that you deferred or employer contributions that you were fully vested in then the money is this there for you.
0 votes
Unless each HSA Bank offers an advantage, two accounts will just complicate things for you. the reporting will be a mess and you might accidentally defer excess contributions and that could be expensive.
0 votes
John, I'm sorry for your loss. Often you will need to contact your father's financial advisor or employer with an Official death certificate. If you would like to discuss please email or call 770-954-8823. Sincerely, Stephanie
0 votes
Jennifer, I am sorry for your loss. You will need at least one copy of the official death certificate in most cases to see and have access to the assets. Which benefits? Social Security has a website and you can view what they expect to pay and when. ...(more)
0 votes
If you are still working there you might be allowed to take a loan from the 401(k). If you take the money completely out of the plan, you will be charged an IRS penalty of 10% and 20% in taxes will be held out for you. The Human Resources Department ...(more)
0 votes
There are no tax consequences for moving retirement funds from one account to another retirement account once a year. The release of funds from the former employer depends of the type of plan and how it is written. You say pension plan so I don't have ...(more)
0 votes
Your HR probably gave you a summary plan description when you became eligible to join the plan. If you do not have those materials or the related website, Brightscope actually has a ton of plan information.
0 votes
Jacqueline, You should be receiving statements quarterly by mail or email. If you are still working for the company, you can find out if they have loan provisions and if your need qualifies. Otherwise, if you take money directly out of the plan, you ...(more)
0 votes
Rob Spadaford Level 1
Hello! I would start by calling and asking your employer's Human Resources Department - or call their corporate main phone number. They can let you know who, how, and where to inquire about your 401(k). Good luck - Rob Spadaford
0 votes
Rob Spadaford Level 1
Hello! I would start by calling your Human Resources Department at Sports Authority - or call their corporate main phone number. They can let you know who, how, and where to inquire about your 401(k). Good luck - Rob Spadaford
0 votes
If you have an old statement, it should have a phone number that you can call to get updated information. If you need to update your mailing or email address they will likely need you to sign a form and return it to them. Some plans allow you to leave ...(more)
0 votes
RMDs are important and if not taken can result in a penalty of 50% of the amount you were supposed to take out of your account. There is a specific minimum distribution based on your age and the value of the account and it is recalculated every year. ...(more)
0 votes
770-954-8823
0 votes
Once you meet your RMD for the year, you can invest the money in any taxable account that you choose. An interesting possibility is instead of taking a distribution of cash, taking a distribution of the appropriate value in securities (stock, bond, mutual ...(more)
0 votes
Each statement should have a phone number for a service department on it. If you haven't been receiving paper or email statements, call the HR department of each company.
  • posts per page
  • 15