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.
You should get periodic statements or you can check with your employer for contact info.
Yes. You can roll a previous employer's 401k balance into a new employer's 401k. You can also roll a previous employer's 401k balance into an individual retirement account (IRA) if you wish to maintain control over the investments.
You pay into your 401k through your employer. You do not have to do it, but in most cases you do gain from it. You usually have to pay a percentage if you take the money out to soon.
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.
The requirement for an employer to contribute to a 401k plan is not mandatory by law, but it is up to the employer to decide if they want to make contributions to their employees' 401k accounts.
The 401k employer match limit for the year 2016 was 18,000.
No, you do not pay taxes on employer 401k contributions until you withdraw the money from the account.
A 401k and a IRA are different. A 401k is a employer sponsored plan while a IRA is not.
If your employer does not offer a 401k plan, you may need to consider other retirement savings options.
Any employee, regardless of the type of work he or she performs, is eligible for a 401k if the employer offers it. An employer is not required to offer a 401k, however. If an employer-sponsored plan (401k, 403b, SEP IRA, etc.) is not available, often individuals will contribute to a Traditional IRA or Roth IRA.
The employer typically contributes a percentage of the employee's salary to the 401k plan, up to a certain limit.
The maximum amount an employer can contribute to a 401k plan is 19,500 per year as of 2021.