employment terminated 10/04 and the fiscal year end for the event date was 8/31/05
2006-07-08 03:10:31 · 4 answers · asked by debbie_fowler@sbcglobal.net 1 in Business & Finance ➔ Careers & Employment
small company in california
2006-07-08 03:18:56 · update #1
This all depends on the plan document and the present value ("today's price" for all future payments, which varies dramatically with your age). If the present value is more than a certain dollar amount, you may have to wait until the plan's "Normal Retirement Age". If it's below a certain threshold (I believe it's $5,000 but I'm not 100% sure there), they MAY to cash you out. You have a right to a copy of the plan document under federal law ("ERISA"). They have a right to charge you a reasonable fee for copying charges. You'll have to look at the document to see the plan's provisions. But your HR department should be able to answer this for you. Hope this helps.
2006-07-08 03:18:38 · answer #1 · answered by Tim D 2 · 0⤊ 0⤋
Ask your Lawyer or Accountant.
2006-07-08 03:12:47 · answer #2 · answered by Captain Tomak 6 · 0⤊ 0⤋
I think when you reach the age of retirement.
2006-07-08 03:13:42 · answer #3 · answered by Stacy R 6 · 0⤊ 0⤋
depend on company policy
2006-07-08 03:17:05 · answer #4 · answered by truth 4 · 0⤊ 0⤋