[pologenius21]

Can Prudential deny me rights to access my 401k? I am no longer employed with my former company and would like to cash out, not rollover, my 401k. They always tell me that because of the economic downfall the $200,000+ I had worked hard to save is not available. Isn't there an amendment or some kind of law protecting my money like FDIC or something? Please help.

[Fr_Chuck]

How did you have your money invested, if it was invested in many areas, it is very possible that 1/2 or more can be gone

over the past 3 years, my own investments lost over 1/3 of their value.

But it all depends on the way you invested it, ( how you picked where the money would go)

[ScottGem]

Any monies you deposit in a 401K are yours. You may, however, lose company contributions if they were not vested when you terminated. However, if you terminate, you have the right to request a distribution of the current value. What did your most recent statement show the value as? What does Prudential say the value is?

[Fr_Chuck]

Can you please give us more info

If you had 200,000 a few years ago, it is possible that it is only 100,000 or 140,000 or so today ( or even less if you had it invested in higher risk stocks)