UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: MeatheadFool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: 401k Rollover? Date: 7/2/2000 6:18 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
A company that has a 401k plan that does not match
contributions but adds profit sharing is sold. The new company has some contribution matching and no profit sharing. Their fund selection is not the same and the original company has disolved their participation with the custodians of the funds.Can the original 401k monies be rolled into other funds or must they remain with the new company? Also profit sharing monies from non-vested employees of the original company that had departed was divided among those still employed vested or not. Should that continue or can the selling owners take that with them?

I hope someone can make some sense of these questions!

Thank you all very much,
Meatheadfool
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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