My husband just lost his job after making pennies on the job. we are so far behind and we need a headstart before he finds another job. I just had a new born baby also. Please help. How can he find out his balance??
2007-07-24 10:19:50 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You can contact the company, and to make the investment a bit more liquid, you should roll the $$ out into a traditional IRA. You have the right to do so the second the employee walks out the door, and dont let anyone tell you different..
2007-07-28 04:38:34 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
Was the 401k with the employer he just left? If so, are you planning to roll it over to a IRA somewhere?
You should contact whoever manages the 401k and ask what forms you need to fill out.
2007-07-24 10:23:58 · answer #2 · answered by hottotrot1_usa 7 · 0⤊ 0⤋