check wif ur work
Employers do not offer any type of IRA, they offer 401k plans. Many employers offer both traditional 401k plans and Roth 401k plans. You will need to check with your employer to see if they offer a Roth 401k option.
yes IRS will garnish 401k because they see it as a income.
you can see 401k details in "401(k)help center".....
Your friend should check with his employer to see if he is eligible to contribute into the company's 401k plan. If your friend is looking to retire right now, then he needs to have already contributed to a 401k plan.
You should get periodic statements or you can check with your employer for contact info.
Merrill Lynch 401k is an investment and savings plan with a profit and sharing contribution, a 401k feature and an ESOP component. Check out their website for further details.
Check with the company you got it through
Yes, you can set up a 401K online with ING. Check out sharebuilder401k.com for more information about this.
A 401K rollover is a fairly simple procedure. You will check with your former employer about the available options. Someone in HR can help you or refer you to the fund manager. There is some paperwork in which you will indicate to where the funds are to be rolled over. Check out this article for details: http://genxfinance.com/how-to-roll-over-your-401k-when-you-leave-or-lose-your-job-the-401k-rollover/
According to the United States Department of Labor, there are many things that you may need to check about your 401k from your employer. To get a hold of your personal 401k, you will need to get a hold of your 401k plan administrator or go to your human resource office to get more information on your personal 401k, such as several options you can do to contribute to it.
Plant something in it and see how well it grows.
At this point in your life it's best to be saving around 20%. Check with your employer and see if they do matching with 401k's. This will help you increase your savings.