General 401k Questions

HCE vs. NHCE Compliance Issue - What is wrong here?

feeds@yuku.com (Arthur) — Fri, 11 Dec 2009 11:37:22 GMT

OK, I understand the rules of compliance for the 401k and I understand why we fail the ADP test, but I assume there is something I'm missing in which we shouldn't fail.

Let's say we have 10 employees all of which are HCE's and they contribute the max for 2009 - $16,500

We hired a senior guy last year (at the end of last year) and he made only $30K in 2008 because he was hired in November
This year he made a ton of money because of bonuses for...

Withdraw 401K

feeds@yuku.com (kamel) — Thu, 10 Dec 2009 11:44:44 GMT

Hi there,
I'm new to this forum and I'd like your advice. I'm moving to Canada for good, so I don't need my 401K money. I want to withdraw that. What's the tax rate I should pay from that?

Your help is appreciated.

Kamel

Mandatory sale or transfer of company stock

feeds@yuku.com (inquiring mind) — Sun, 06 Dec 2009 13:38:52 GMT

Is it legal for an employer to force their employees to sell or transfer company stock that was either purchased through payroll deductions or through company match in a 401k plan? There is a deadline to do so or have it automatically done at the end of 2010. This is a COMPLETE - TOTAL forced liquidation of company stock at what ever the current prices are which is about $30 less per share than when originally purchased.

help

feeds@yuku.com (momo16) — Fri, 04 Dec 2009 10:21:59 GMT

i work for a company for 8 years they went bankrup and i need to find my 401k what can i do to find it? the company name was chevys inc.

401K Average Return

feeds@yuku.com (tslone) — Thu, 03 Dec 2009 20:19:59 GMT

What is the average retun on a 401K plan ?

Top Heavy compensation determination date

feeds@yuku.com (bamakate) — Wed, 02 Dec 2009 09:27:09 GMT

Plan is determined to be TH in 2008 for 2009. Is compensation based on determination date or year it is actually TH?

Question About 401(k) Match Explanation

feeds@yuku.com (kinetek) — Tue, 01 Dec 2009 22:24:12 GMT

The language in my employee manual that explains the company's match is confusing to me. Can someone please explain? Here is the line:

The Company will match a discretionary amount for each dollar, of the first 6% of employee pre-tax contributions.

Thanks for any help.

401k - Former employers vesting error costing me money?! Help!

feeds@yuku.com (nodata) — Mon, 30 Nov 2009 12:31:01 GMT

I'm not really as knowledgable about 401ks as I should be, and I was hoping that someone else out there may have some insight in to the problem I have come accross with my 401k.

Here's my issue:

I quit my former job (lets call them company "A") in October 2007, and had a 401k plan with them. In January of 2008 I finally got around to rolling the 401k over in to my new 401k plan with my new employer (lets call them company "B"). Everything went...

401 K eligibility question and more

feeds@yuku.com (sleen7) — Tue, 24 Nov 2009 21:16:09 GMT

Hello!

New to 401K. The company I work for has made all HCE not eligible for the 401K except the president (who is the owner.) That means that after one year of working I now find I am uneligible, even though I was enticed by a great 401K plan when I interviewed. The 401k is only a year old thus far and NHCE are eligible. There are 4 HCEs including the owner and 30 NHCE. Is this legal?

He claims that he made HCE's ineligible because our eldest HCE (not him) would...

Emerging Markets Question

feeds@yuku.com (Jaybird28) — Thu, 19 Nov 2009 18:07:31 GMT

In both my wifes and my 401k's "Emerging Market" is going crazy. Upwards of 60-80% increases year to date. My question is, what tell tale signs should I keep an eye in the Market on to not but side-swiped by a major decline in this investment.

Moving out of US permanently (non US citizen)

feeds@yuku.com (movingout) — Sat, 14 Nov 2009 10:04:34 GMT

Hello,

I am planning on moving out of the US permanently in another 1.5 months and was wondering how to go about handling my 401k. I have less than $100k in the 401k - what are my options? I am transferring within the company (US based), to Dubai.

Would appreciate any feedback and help I can get.

Thank you!

Inherited 401K

feeds@yuku.com (eileen) — Fri, 13 Nov 2009 18:40:04 GMT

I inherited a 401K from my deceased brother. I used the monies to pay for his funeral. There was no will or estate. Can I deduct the funeral expenses?

pre-retirement catch up ?

feeds@yuku.com (tomhu) — Fri, 06 Nov 2009 14:43:33 GMT

Hi,
I got the early retirement package from my ex-company. Company paid me some 401k match money and some severance pay. Since I will not be employed, is any way I can still contribute some catch up this year or next year to the plan. I heard some deferred compensation has pre-retirement catch up? Is it applied to this?

Thanks,

Simple IRA & 401(k) Plan

feeds@yuku.com (kleep) — Fri, 06 Nov 2009 11:30:43 GMT

Can a company have a 401(k) Plan and a Simple IRA? If so, is it just subject to the 402(g) limits, combined?

rI need help with a 401k/IRA rollove

feeds@yuku.com (cuseman03) — Mon, 26 Oct 2009 09:41:03 GMT

ok so I'm on my 4th job now and I have 4 401ks. I took 3 of those 4 and rolled them into a traditional ira. I also opened up a roth ira. My plan was to wait for the new agi rules to go into effect jan 1 2010 and roll the money in my traditional into my roth. That still leaves me with my current 401k. my question is that when I leave my current company at some point will I be able to still roll that 401k into my roth? Essentially I'm asking if you can roll multple times into the...

Profit-Sharing Plan with 401(k) feature question; can a situation occur where

feeds@yuku.com (PivotTable) — Sun, 25 Oct 2009 15:23:59 GMT

Profit-Sharing Plan with 401(k) feature question; can a situation occur where an employee does not receive a profit-sharing allocation but may still make a deferral?

401k/Retirement Plan Liability Exposure

feeds@yuku.com (jw cfp) — Wed, 21 Oct 2009 20:15:05 GMT

In the case of a personal injury -- say that someone injures themselves on your property -- are qualified retirement plans subject to liability claims by the injured party, or are they exempt (i.e., "protected.")?

401k loan question

feeds@yuku.com (Jesse) — Wed, 21 Oct 2009 18:39:48 GMT

I'm wondering if there is any way to not have your 401k cashed out if you have taken a loan against it and are now quitting your job. Any info would be greatly appreciated.

Looking for outsource service model for my 401k plan

feeds@yuku.com (neil von) — Tue, 20 Oct 2009 09:07:25 GMT

I have a 401k plan that will not accept a private placemenrt note that I would like to umbrella into my plan. Does anyone know of a custodian/trustee who would accept a wire,hold a note, and do the recordkeeping? It would umbrella under with the plan reporting prototype I am using now.

Moving from a company that has 401k to a Teachers Retirement

feeds@yuku.com (laqsy03) — Wed, 14 Oct 2009 22:55:16 GMT

I am currently leaving a company that has 401k to work for the school system which has TRS(Teachers Retitrement System). Is there a way for me to transfer that money over, is it better to withdraw the money, or palce it in another retirement account?