The company are required to provide this information. If it is a larger company they usually send a booklet to all of the 401K employees which mentions where the money is going.
i lost track of my 401k in 1997 and dont know the company that had the 401k plan
Absolutely not. Nobody is required by law to have a 401k. However, it is always a good idea to be saving for retirement and that is exactly what a 401k will help you do.
No, the 401k match offered by a company is typically a set benefit that is not negotiable.
You have to contact the company you worked for and find out who your 401k was through and then contact them. If you worked for that company for 5 years or more you will not be eligable for the full amount invested, only the amount you put in . most companies take 20% in taxes when you opt to take out your money , then at the end of the year you will receive a 1099 form for tax purposes.
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.
That is a possibility, you need to contact the company to get guidelines on the process
i lost track of my 401k in 1997 and dont know the company that had the 401k plan
The things it is invested in are separate from the company administering it...the $ are in those assets (stocks/funds) and will simply be transferred to whoever looks after them in the future.
If you had just quit your job and had invested in a 401k plan with them, you can leave your 401k in the account because finding another investment would leave you in a peril situation.
Your employer should have their records electronically stored. The 401K is usually with a separate company anyhow. You will need to find out who sponsors your 401k and their contact information. Your employer will have access to this.
Absolutely not. Nobody is required by law to have a 401k. However, it is always a good idea to be saving for retirement and that is exactly what a 401k will help you do.
Your company will have the information about your 401k somewhere and they will share it with you. However your supervisor may not be the person you'd speak to. It might be the HR department. When you joined the company you most likely would have been given this information in your welcome packet. Try and locate this and read it over. If you can't then go on the company's benefit site and get it from there.
Hello. As long as the funds are still held within the 401k, you are not required to report any taxes on it. Thanks.
A 401k is a retirement plan. A retirement service company would be able to help with this matter. One example of one company is this one listed below. http://rpsi.org/
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.
No, the 401k match offered by a company is typically a set benefit that is not negotiable.
You have to contact the company you worked for and find out who your 401k was through and then contact them. If you worked for that company for 5 years or more you will not be eligable for the full amount invested, only the amount you put in . most companies take 20% in taxes when you opt to take out your money , then at the end of the year you will receive a 1099 form for tax purposes.