I was under the impression they had 30 days from the end of the current fiscal quarter to return unpaid 401(k) funds to employees whose employment ended
during that quarter. I am now being told that there is no legislation on this matter, and my search for the truth is distorted and fruitless.
My balance is not very high, I made more than the sum I am eligible for in 2 months of employment (or in some cases, a single income tax refund). This is not
why I quit, but I definitey want my money back. (They just cancelled this year's summer picnic, last year they cancelled the safety reward program, all of
course to maximize profits) I don't trust them with my money.
What's the deal? Be verbose, my company has no policies on post-termination reimbursement timeframes.
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How long does an employer have to distribute 401k funds
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 First2Ask |
How long does an employer have to distribute 401k funds |
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Posts: 2 (06/24/08 16:12:33) |
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DCK101 |
Termination distribution | ||
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Posts: 400 (06/27/08 03:32:46) Elite Member |
Did the company provide you with a distribution request form, or did you have to request one? What information was given to you along with the form?
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