You can not take a hardship if you are no longer an Employee. Hardships are only available to current employees. You should speak with the carrier that holds your money and not go by what online says. I have noticed alot of times generic info is online and you need a real person to speak with about your situation. You can roll over all 401(k) Plans if you are not employed anylonger. Or over the age 59 1/2 unless your plan allows for a younger age.
TacomaJoe
of WA
@
Oct 29, 2009 13:52:12 PM
401k roll-over not eligible?
1. I left my 401k in my old company 5 years ago and their website shows it is only available for a hardship withdrawl, now. Does that sound right? I want to roll it over to an IRA.
2. I have $45,000 in education loans from my first daughter. Can I make a hardship withdrawl to pay those off? Will it go directly to the loan or to me?
Thanks for your feedback.
TB
of WA
@
Sep 19, 2009 20:14:03 PM
401k rollover
http://www.brooklyntroy.com
Faisal
of CA
@
Sep 15, 2009 23:58:33 PM
401K Losses
My 401K was hit hard by the current situation. I recently retired with a disability. How can I build my 401K back if I can't put money in it?
Valerie Handelsman
of FL
@
Sep 07, 2009 12:42:19 PM
rolled for 401k to ira, can it roll again to a new jobs 401k
I had a employer 401k and rolled it into a ira with a financial adviser, after 2 years I am not happy with his advice, can I roll this into my present employers 401k?
L Miller
of OR
@
Aug 17, 2009 14:06:56 PM
401k to IRA rollover
I've been looking for information that actually explains the process and benefits of rolling over from a 401k to an IRA, and so far I've only found one site that does these things - http://401kirarollover.financialadvisingblog.com
Definitely worth checking out if you're as lost as I was.
Andy
of CA
@
Aug 04, 2009 12:36:11 PM
401 K rollover if you have already retiredI
I retired, but left my 401K with employer. Employer sold 401K investments to another firm. I lost almost half since last Fall. Stock market has been going up, but I saw on TV today that JP Morgan lost a huge amount last quarter.
I would now like to rollover the remainder before more is lost. Am I eligible to rollover? I have received 3 small payouts at the end of the last 3 years.
Sue
of CO
@
Jul 22, 2009 19:21:15 PM
Rollover while still employed
I want to make a rollover of my 401k of my current employer to an IRA. I am 62 so there should be no penalty and I should be able to continue to partipate in my current employer's 401k. Right?
Steve Schulke
of MO
@
Jun 10, 2009 16:13:23 PM
Protecting retirement assets
Remember check your state to see if your IRA assets are protected against creditors especially if you are a Physician.
401k assets are protected from creditors.Ask OJ about this.
WETaylor
of MI
@
Jun 06, 2009 17:38:26 PM
401k rollover and other investment guidance
I recently interacted with Brooklyn Troy & Co. located at Desbrosses St., NY and they gave some very good ideas and guidance about 401k rollover plans and other investment strategies. I would recommmend anyone looking for similar info to give them a call. You can see more details at their website www.brooklyntroy.com
TacomaJoe of WA @ Oct 29, 2009 13:52:12 PM
TB of WA @ Sep 19, 2009 20:14:03 PM
Faisal of CA @ Sep 15, 2009 23:58:33 PM
Valerie Handelsman of FL @ Sep 07, 2009 12:42:19 PM
L Miller of OR @ Aug 17, 2009 14:06:56 PM
Andy of CA @ Aug 04, 2009 12:36:11 PM
Sue of CO @ Jul 22, 2009 19:21:15 PM
Steve Schulke of MO @ Jun 10, 2009 16:13:23 PM
WETaylor of MI @ Jun 06, 2009 17:38:26 PM
Bobby of NY @ Jun 04, 2009 01:10:01 AM
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