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Safeway 401k advice Try this website: http://www.fundadvice.com/401k-help/401k-plans/401k-safeway.html
Unfortunately, Bonefish Grill does not offer 401k plans. They do, however, offer medical and dental coverage, prescription drug coverage, vacation time, flexible schedules…, and career advancement.
A 401(k) plan is a "savings" plan that allows an employee to put aside money from his paycheck before any taxes are calculated on it. In other words, there are no federal or s…tate taxes. They are however subject to social security and medicare taxes. The 401(k) plan is administered by the employer. Some employers match a portion of the amount the employee contributes to his own plan. Average match is about 3% of the employee earnings. There is a limit each year for the amount that the employee can contribute.
Yes an employer can terminate a 401k plan. The contributions you made to the plan are yours, and you could take that money and roll it to your Traditional IRA using… a trustee to trustee transfer. If your employer made any matching contributions to your 401k, you may be able to keep all or part of these contributions. This would depend on the vesting part of the 401k plan. Typically employer contributions are vested over a period of time, like 20% per year for 5 years. At which time the enitre matching contribution would be vested and eligible to be rolled to your Traditional IRA. Vesting requirements and many other rules are specified in the 401k Summary Plan. Each employer's Summary Plan will have some unique rules. Read the Summary Plan for your 401k plan. A copy of this plan should have been given to you when you signed up for the 401k. But ask for a new copy as this plan may change over time.
Contact Plan Administrator(where account is held) for forms.
I don't mean to be snide...but it depends on whose asking! Honestly, different places define things differently. In some general speak it is a pension plan...but in many …others, it is a retirement plan as differentiated from a pension plan.
Depends on your regional office for example I work in Western New York and I contact The Rochester office.
You can collect from a 401K at any age; however, there are withdrawal penalties as well as tax penalties until age 59-1/2. After 59-1/2 you will still have the penalty of it b…eing taxable income, but the early withdrawal penalty goes away. the goal is to delay withdrawals until retirement when your taxable income normally drops somewhat, and even then withdrawal should be viewed closely to not exceed withdrawals that will negatively impact one from a taxable income standpoint.
You should get periodic statements or you can check with your employer for contact info.
The Plan Administrator for your 401K can be any number of people. It could be the employer, an executive at the company or someone that was hired specifically for that job….
"Yes prudential does offer a 401k plan as well as many other things like Life insurance, retirement, real estate and also benefits. I would really recommened all of them."
The president, and all members of congress, have their own health plan. It is called the Federal Employees Health Benefits Program. It is paid for by the government, and has b…een available to federal employees since 1960.
Someone can invest in a 401k plan by coordinating with a company who has that option. This type of plan will require you to setup pre-tax payroll deductions.
The Roth 401k is a financial cushion for people with benefits that allows for their family to be taken care of should something happen to them such as death. In this case a Ro…th 401k would give the family $ 401,000 while they mourned, coped and tried to figure out what to do about money, the kids and career.