Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Money & Services > Retirement   »   Vested Misplaced 401k

 
Question Tools Search this Question Display Modes
Question
 
 
#1  
Old Aug 13, 2007, 05:50 PM
wtfury
New Member
wtfury is offline
 
Join Date: Aug 2007
Posts: 17
wtfury See this member's comment history on his/her Profile page.
Vested Misplaced 401k

I've been a truck driver for the past 6 years. Today I've found a statement on a 401k that I contributed to from a previous employer. The statement is from the year 2000, and it shows a balance on it. I've tried calling the plan administrator to try and see what the latest balance is with no luck. I've been given phone number after phone number. Each time I've given my account number on the statement, and each time they cannot find any records. Since driving truck a lot of paperwork has been misplaced or lost due to marital issues and moving from one address to another. Now I'm in one place for good.
The money is vested. The company I worked for is no longer there, and a money search returned no results. Here is my question:
What part of the IRS handles 401k? I checked their website and it was no help.
Thanks

Reply With Quote
 
     

Answers
 
 
Old Aug 13, 2007, 06:59 PM   #2  
Fr_Chuck
Christianity Expert
Fr_Chuck is offline
 
Fr_Chuck's Avatar
 
Join Date: Nov 2005
Location: Atlanta GA
Posts: 24,114
Fr_Chuck has disabled reputation
sorry the IRS does not "handle it" the company plan admin people are the ones. You need to make a copy and send them a letter asking for the details.
  Reply With Quote
 
     
 
 
Old Aug 14, 2007, 05:13 AM   #3  
againes
New Member
againes is offline
 
Join Date: Aug 2007
Posts: 1
againes See this member's comment history on his/her Profile page.
I never received my 401k money after I left a job, how do I go about getting it, it's been about 14 years ago
  Reply With Quote
 
     
 
 
Old Aug 14, 2007, 06:00 AM   #4  
ScottGem
Computer Expert
ScottGem is offline
 
ScottGem's Avatar
 
Join Date: Jan 2003
Location: LI, NY - USA
Posts: 22,312
ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.ScottGem See this member's comment history on his/her Profile page.
Pay to call ScottGem for advice ($.75/min)
Call ScottGem via Skype™
Quote:
Originally Posted by wtfury
What part of the IRS handles 401k? I checked their website and it was no help.
Thanks

Quote:
Originally Posted by againes
I never received my 401k money after I left a job, how do I go about getting it, it's been about 14 years ago

By law, the holders of funds in either a defined benefit (pension) or defined contribution (401K, etc) plan are required to report the existence of those finds to the Social Security Administration. When you apply for SS benefits, you receive notice of any retirement funds that were reported. You can try contacting the SSA to see if that can tell you where the funds are now.

Comments on this post
wtfury agrees: Thanks Scott, I'll try that and see if I can find out just where this money went.
  Reply With Quote
 
     
 
 
Old Aug 14, 2007, 06:09 AM   #5  
wtfury
New Member
wtfury is offline
 
Join Date: Aug 2007
Posts: 17
wtfury See this member's comment history on his/her Profile page.
Thanks Chuck, It's just as I thought. I read a lot of answers from other members relating to similar situations and they keep saying to contact the IRS for help.
Againes, Check with the plan administrator or contact the company you worked for. You won't be able to get the money until you retire. In some cases you can get the money out but you have to roll it over into a new plan or pay some stiff penalty's and interest to the IRS for early withdrawal.
  Reply With Quote
 
     


Question Tools Search this Question
Search this Question:

Advanced Search
Display Modes

 
Similar Sponsors

Similar Questions
Question Asker Topic Answers Last Post
401k loan and pulling momey out of a 401k to pay the loan off mmhudd Retirement 1 Jul 22, 2007 07:24 AM
vested money ctrgwh57 Retirement 2 Apr 9, 2007 01:44 PM
401k ? outrage Taxes 2 Mar 5, 2007 09:26 AM
401k ANGELES ALDAMA Finance 2 Oct 13, 2006 09:38 AM
vested amount ecrovid Retirement 1 Jan 10, 2006 07:43 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 03:04 PM.

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.