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Investing/Strategies / Retirement Investing
|Subject: Re: question about 401k||Date: 5/4/2001 9:13 AM|
|Author: TMFPixy||Number: 29465 of 78158|
Greetings, emorlote, and welcome. You asked:
My husband is about to start a new job and they told him he
cannot contribute to a 401k until the 1st quarter beginning
after his first year of employment with them. Do we have to
wait that long? Should we negotiate?
Sorry, but unless that firm is willing to and does modify its plan document to eliminate the waiting period, then he will have to wait until he is eligible to participate in that plan. The plan document rules that issue.
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