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#1
11-17-2006, 04:11 PM
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 Re: How to preserve 401k match after leaving job? radraccoon[at]gmail.com wrote: - quote - > I quit my old job about a month and a half ago. I've already started
At the risk of sounding like a troll...> work at a new job. At my old job, the 401k contirbution matching > didn't vest until 3 years of employment (I was only there about 1.5 > years.) The unvested matching has not yet been withdrawn by my > emlpoyer from my 401k account. Is there anything I can do to keep it > from being withdrawn? If I try to transfer it to my new 401k is the > administrator more or less likely to catch the oversight? If I leave > the account as is, is it possible the mony will never be taken out? This newsgroup is about financial planning, not robbing your employer. If you aren't vested in that money, it's not yours. It's as simple as that. Looking for a loophole so that you can keep that money is tantamount to trying to steal from your employer. --Bill |
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11-17-2006, 03:38 PM
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| Re: How to preserve 401k match after leaving job? radraccoon[at]gmail.com writes: - quote - > years.) The unvested matching has not yet been withdrawn by my
That's not surprising. Many plans leave the unvested money> emlpoyer from my 401k account. in the account until you withdraw it. I imagine that this is because there's always the chance you could come back to the employer in the future and complete the service needed to vest it. - quote - > Is there anything I can do to keep it from being withdrawn?
Go back to work for the employer and complete the serviceneeded to vest it :-) - quote - > If I try to transfer it to my new 401k is the administrator more or
I doubt there's any oversight in the first place.> less likely to catch the oversight? - quote - > If I leave the account as is, is it possible the mony will never be
It's possible. Just like it's possible the sun might not rise tomorrow > taken out?  -- Rich Carreiro rlcarr[at]animato.arlington.ma.us |
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#-1
11-17-2006, 03:10 PM
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| How to preserve 401k match after leaving job? I quit my old job about a month and a half ago. I've already started work at a new job. At my old job, the 401k contirbution matching didn't vest until 3 years of employment (I was only there about 1.5 years.) The unvested matching has not yet been withdrawn by my emlpoyer from my 401k account. Is there anything I can do to keep it from being withdrawn? If I try to transfer it to my new 401k is the administrator more or less likely to catch the oversight? If I leave the account as is, is it possible the mony will never be taken out? |
| Tags |
| 401k, job, leaving, match, preserve |
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