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Q: Can you draw out your 401k if you still work for the company and want to start your 401k back at a later date?
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What happens to your 401K when you leave your employer?

You own your 401k so when you leave your employer you still own your 401k. You can either leave it where it is or you can move it to which ever company manages the 401k investments for your new employer. how do i git access to my 401k from this company so i can transfer or cash it in.


What happens to 401k when you leave a job and never here from the company?

You still own it.


I had 401k invested in another company from 1999 2001 can I still cah it out?

That is a possibility, you need to contact the company to get guidelines on the process


Can you roll over 401k if still with the same company?

Rolling a 401k can be a bit confusing. You can go to this website, http://moneyning.com and it will provide you with an abundance of helpful tips.


Is the plan administrator of a 401k the employer or the company handling the 401k?

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.


Can you borrow from 401k if not vested?

If u don not contribute to 410K plan..can i still borrow money from what the company puts i


My 401k administrator is saying I am not eligible for a 401K rollover of any kind because I am not leaving the company. Can a 401k be rolled over into an IRA or a roth IRA without a job change?

As a general rule of thumb, you cannot rollover your 401k to another account while you are still with the company. You could cash the 401k account out, but in doing so you could be facing taxes and penalties of over 40%. For more information on 401k rollovers, please visit eRollover.com at the links below.


How old do you have to be to start saving in your 401k?

You must be 21 years of age to start saving in a 401K plan


I`m 67 yrs.old and still work part time . Can i take my 401k out from my company and buy treasury bonds and not lose any of my money?

Most 401k plans have penalties for early withdrawal.


If one left company with money in 401k can it be retrieved years later?

Yes, those monies are held in a trust company for your benefit only. You're the only person who can access them.


How much money do you have to have to start a 401k plan?

There is no minimum...It can be determined by the people who are managing your company's plan if they want to require one.


How can you find your 401k without any information?

i lost track of my 401k in 1997 and dont know the company that had the 401k plan