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WHERE IS MY TOTAL DISTRIBUTION AMOUNT OF $1914.28?

I WANT TO KNOW WHERE IS THE MONEY GOSE

Mar 02, 2013 by SI from Monmouth, IL in  |  Flag
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Jason Hull Level 20

You're probably best off contacting your human resources department. If that doesn't work you can always use the Brightscope search tool to find the administrator of the fund (assuming this is a 401k). Go to their home page and type in your employer in the search box on the right hand side, and you should find the appropriate contact information. Good luck!

Comment   |  Flag   |  Mar 03, 2013 from Fort Worth, TX

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You need to contact the plan administrator. Call Human Resources, even if you no longer work there, and get the phone number for the plan administrator. If you had money in a 401(k) and have already requested a distribution, or if you still have money in the 401(k) and want to make a distribution, the plan administrator will tell you where your money is, what to do and how to do it.

The money goes to where you direct it. If a check is sent to you directly, you will have to pay income tax plus a 10% penalty if you are under 55. If you roll it directly into an IRA or another 401(k), there should be no taxes due.

Comment   |  Flag   |  Mar 18, 2013 from Delray Beach, FL

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