No. of Recommendations: 0
Does anybody else have this problem? My employer sends out reports on 401(k) balances just twice a year, and those reports are three months after the fact. For example, I won't know until April what my balance was on 1-1-2000.

In the past, this wasn't a big deal deal. But since I'm looking towards retirement in the next year, it's becoming a problem. And since I can roll the balance into a self-directed IRA at my age (60), it becomes even more crucial to have up-to-date information.

So, is my situation unusual? Should I "pitch a bitch" with my employer? How current is your 401(k) information?

Thanks in advance.


Tim
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement