The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: 401Roll/||Date: 9/7/1999 6:21 PM|
|Author: Bobbcat||Number: 13781 of 75888|
<<The funds are from the previous leasing company's 401. We are moving to a new leasing co. which means we'll be able to roll the funds out.>>
???? !!!! ????
You own an S Corp with a Profit Sharing Plan, but are contributing to another company's (the leasing company's) 401(k)??????
Since 401(k) contributions are by definition deducted from salary (payroll) how would this be possible? Are you an employee or former employee of the leasing company????
Or am I confused as to who "we" is. I was thinking you and your spouse. Do you mean your leased employees are changing employers and will be able to roll their funds out?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|