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401k and 403b Plans

Tax-deferred savings plans. In the case of Roth 401(k) plans, withdrawals are tax-free whereas contributions to standard 401(k) plans are pre-tax and profits are taxable at the time of withdrawal.

500 Questions

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

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Asked by Wiki User

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.

Who do I contact for the macy's pension plan?

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Asked by Wiki User

Try Macy's HR Services, PO POX 8211, MASON, OH 45040 or 1-800-234-MACY (6229)

Is there a web address for the foot locker retirement plan?

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Asked by Wiki User

I have for kinney shoes, champs sports, and now footlocker. How do

i get on my pension plan to see what i have.

Scott dennis eck id#54142 started in august 1987 i just wanted to know

were i am now.

Can you roll over 457 into a roth IRA?

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Asked by Wiki User

Yes, if the Roth is being transferred from one firm to another, then it is just a transfer. Simply request an account transfer form from the receiving institution, fill it out, and submit with a copy of a recent statement. If this is happen from Roth IRA to Roth IRA within the same firm, then this is just consider a consolidation. Neither of the above mentioned scenarios would result in any tax consequences/penalties.

Can you take a hardship withdrawal from your 401k if you owe the IRS?

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Asked by Wiki User

You can, but, you would be better off arranging a payment schedule with the IRS. That way, you pay no penalties, your savings stay in place so they can grow, and if you change jobs, you do not have to pay it back immediately.