Chey5782
Jul 13, 2009, 09:52 AM
I recently decided to stop putting into my 401k and withdraw the funds, so that I can start going to college. When I asked my employer about closing it out, I found out that it was an option for this specific purpose.
But then a few minutes later I got a phone call and the finances lady told me that our company had set up the 401k in such a way that I am only entitled to the funds if I quit or get fired. Neither are an option for me right now.
How can my employer do this, I didn't know it was possible.
But then a few minutes later I got a phone call and the finances lady told me that our company had set up the 401k in such a way that I am only entitled to the funds if I quit or get fired. Neither are an option for me right now.
How can my employer do this, I didn't know it was possible.