I was wondering, if you have worked for several companies and you know you invested in 401K, is there like a centralized location where you can find out how much you have invested or would you have to contact each individual company?
2007-10-18 15:52:03 · 3 answers · asked by curious 1 in Business & Finance ➔ Personal Finance
So basically if I didnt roll it over, its just lost somewhere out there?
2007-10-18 16:18:40 · update #1
If you have money in a 401K, you should be getting quarterly statements. Go back to the employer and ask about your 401K. They should have given you paperwork when you left the job concerning rolling over your account.
2007-10-18 17:23:17 · answer #1 · answered by bdancer222 7 · 1⤊ 0⤋
Companies have to send you quarterly statements about your 401K investments. If you moved and did not give them a forwarding address, then you have to contact them.
2007-10-20 01:42:29 · answer #2 · answered by Steve R 6 · 0⤊ 0⤋
no, you have to rollover your 401k from your previous employers to you current company if they accept. if current your company won't accept it, you will have to roll it over to an IRA account.
2007-10-18 22:56:49 · answer #3 · answered by donroro75 2 · 0⤊ 0⤋