UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: Bobbcat Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76235  
Subject: Re: 401Roll/ Date: 9/7/1999 6:21 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
<<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?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Heads Up, Real Estate Investors
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 "#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