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Reggie P
May 15, 2009, 04:43 AM
Was laid off 2 months ago 3/13/09 and submitted withdrawl papers with my old employer on 3/18/09 since then my paper work has not been submitted to , I have called my old employer and several times with no results soon I'm going to be on the street what can I do to get my old employer to do their part?

ScottGem
May 15, 2009, 05:50 AM
First, I would not recommend a withdrawal. I would rollover the amount into an IRA.

Second, how long a distribution takes depends on the plan and when the assets are valued. Have you talked to the plan admins?