I quit my job and my old employer won't let me take my 401k money,where do I get answers on laws about 401ks?
151205
You can always rollover to your personal IRA account rather than taking the distribution.  Taking out the money from 401K not a good thing if you are not of retirement age because you have to give a lot to taxes and penalties.
881018
Contact a Mutual Fund, such as T.Rowe Price or Scudder or a number of others who will act as administrator for your plan for clarification of your needs. \n\nThe basic 401(k) plan simply allows employees to make pre-tax contributions up to a certain level, with no company contributions.
785959
The other answers forget..\n\nRule 72 (IRS) allows u to pull the $$$ from IRA (assume it applys to 401k too)...\n\nIt allows u to get it before 59.5 with only taxes to pay if u do it over a specified period of time.\n\nFor example u pull 40k out but do 4k per year for 10 years.\nThis is a way get $ out before 59.5 without penalty.\n\nIRS recongizes that there are life events that force many to grab funds from existing sources for emergencies.\n\nU could use this rule to pull out 100% of the 401k, and use portion for wife and portion for self.
369277
If the company is still in existence you should be able to call them and request a transfer to a new account (you will need to set a new account up).  Or you get a full distribution, but I don't recommend that, the Federal Withholding Taxes will eat up your money!  Also, if you have a statement from the bank or company that manages the Pension Plan, you may be able to skip contacting your previous employer and just send a transfer request to them.  When you open a new IRA (at the place of your choice, their are many on line places) they should have a form that can be sent to have your old Pension rolled over.  Let me know if you have any additional questions.
947919
Your question is not clear.  If you are referring to a roll-over of a 401K or IRA, then the rules are the same regardless of the State, because these are Federal laws.
1059641
If the problem is with the IRS, you should call the IRS ombudsman, whose number should be in the phone book under US Government - IRS.\n\nIf your only income is from SSDI, your distribution can only be assessed for taxes and only up to 15%.\n\nI don't see how any information from your previous employer is relevant to anything.
132052
A 401k is an employer sponsered retirement account.  Employers will offer severel differet mutual funds that you will pick from to invest your money.  The money is taken from your paycheck on a weekly basis and put into the mutual fund for you.  The good part of a 401k is that an employer usually matches your contribution.  Sometimes a dollar for dollar match.  Meaning that for every dollar you put into your retirement account, your employer will also put in a dollar.  And other times your employer will match only a fraction of what you contribute, (ex. You put in a dollar, employer puts in .35 cents).\n\nThe money you put into your 401k goes in tax free.  So you won't have to pay taxes on the your income that went into the account.  However, when you're retired and you begin to withdraw money from your 401k, that is when you'll have to pay the taxes, on all your withdrawls \n\nBe warned, if you leave the company, you may not be able to keep the money that your employer put into your account for you unless you've been with the company for a certain number of years.  This is called being vested.
1407
The question still isn't easy to answer. Your best bet would be to contact a local attorney, or take the advise of the previous responder.\n\nBut the truth is, this is a free country and they can't make you do anything. The answer might be, however, do you want to continue to work for them and receive a paycheck?
28144
Does your employer have a 401k?  Make sure to contribute enough into it that you are getting the full match.  Then start a Roth IRA.
117375
Contact your former employers H.R. department.  They should be able to tell you who their 401k carrier is or was during your time of employment.
1021120
You need to get with the company that has your 401k and talk to them about getting out cash, every company handles things differently. There may be a penalty for doing so, and also you will have to pay a % to the IRS when you file taxes on it even if you have taxes taken out on the amount you remove. We did so last year and had to pay.
751642
If an employer fires you,they have to pay any wages owed to you plus any other compensation (vacation pay,etc.) on the spot.\n AS a manager,you are responsible for those under you and the money.\n Your boss has to prove you took the money,but you might be able to get your job back-talk to the state or Federal Dept. of Labor.\n You could possibly sue for Wrongfull Termination if your boss can't prove you took the money.
331522
There's no way to really answer this without more information.  It depends on what type of pension plan you have, and more importantly, how old you are.  If you are 59 1/2 and it's your own 401k/IRA type plan it's possible you can.  If it's a company provided plan, you'll probably have to take it as a monthly income.  Consult a specialist in your area.
848955
THe best thing to do is locate your statements from the 401k plan, not the company you worked for.\nCompany's like Charles Schwab or The Hartford are the 401k providers.  Usually you should get a quarterly statement about your 401k to determine which company holds the account.  You can also try calling different firms that you believe may hold the account, as they can often locate an accoutn with your SS #  \n\ngood luck
867682
Federal law prohibits anyone from using a 401(k) account as collateral for a loan, except for a loan from the plan itself. Most plans allow for a loan of up 50% of your vested balance. However, unless you are being paid while on leave of absence, you may not be allowed to take a loan from the plan, because repayment must be done through payroll withholding.  If this is the case for you, then a hardship withdrawal may be your only other option. Others have noted that a hardship withdrawal is taxable and subject to to additional 10% early withdrawal penalty if you are under 59 1/2.
874578
No one can hold u bak once u've decided to quit.  For the timebeing they may create a ruckus.  inform your future employer abt the situation and if u wish u can get the date of joining extended.  nothing to worry at all, u've just worked for 3 yrs. i've seen ppl working in companies for 20 long years and quitting without giving a second thot, even though they r not given a proper release letter. abt the P.F. as per the rule they have to release the money within a time frame, i think its 3 months. check it out...they cannot hold your dues for more than 3 -4 months.  or else you can take legal action.since u havent signed any agreement, u r safe. but take your future employer under confidence.ALL THE BEST.
725978
You can cash it in with a substantial penalty.\nYou can let it sit there and hopefully grow.\nYou can roll it over into a IRA\nYou can roll it over into another 401K\nThe part of it that YOU contributed through you\npay is always yours, The part that your employer matched (if they did) is "vested' over a period of time, so if you were there less than a year\nthe part THEY contributed they probably take back.\nif you were there 5 years, it's probably all yours also.