Comments on: Can I rollover my 401k while still employed? http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/ Because wealth is better than poverty, if only for financial reasons. Mon, 06 Feb 2012 01:49:45 +0000 hourly 1 http://wordpress.org/?v= By: Alan http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-188032 Alan Tue, 31 Jan 2012 17:52:41 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-188032 Interesting article...I didn't know you were allowed 401k rollovers :-) (at least not prohibited by law). Interesting article…I didn’t know you were allowed 401k rollovers :-) (at least not prohibited by law).

]]> By: Sally http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-159493 Sally Tue, 22 Nov 2011 00:20:26 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-159493 Today Nov of 2011 at 62, I want to take an inservice withdrawal (it is allowed) of $430k from my 401k..roll it to my IRA. I plan on retiring in April of 2012, can I roll over the remaining approx $72k at that time? Today Nov of 2011 at 62, I want to take an inservice withdrawal (it is allowed) of $430k from my 401k..roll it to my IRA. I plan on retiring in April of 2012, can I roll over the remaining approx $72k at that time?

]]> By: kingsuperdad http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-153774 kingsuperdad Wed, 09 Nov 2011 01:59:16 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-153774 correction on my previous post: I typed 10-K but I meant 11-K correction on my previous post: I typed 10-K but I meant 11-K

]]> By: kingsuperdad http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-153772 kingsuperdad Wed, 09 Nov 2011 01:54:52 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-153772 I've only started researching this topic for personal reasons. Thanks to all who have contributed substance to this thread. Something I've noticed that doesn't appear to be mentioned already - it appears if you want to know if a publicly traded company allows in-service withdrawals from their 401(k) or other retirement plan you can check the internet for 10-K (or possibly the 8-K) filing with the SEC. www.investopedia.com/terms/1/10-k.asp I’ve only started researching this topic for personal reasons. Thanks to all who have contributed substance to this thread.

Something I’ve noticed that doesn’t appear to be mentioned already – it appears if you want to know if a publicly traded company allows in-service withdrawals from their 401(k) or other retirement plan you can check the internet for 10-K (or possibly the 8-K) filing with the SEC.

http://www.investopedia.com/terms/1/10-k.asp

]]> By: Clark H. http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-135098 Clark H. Sat, 01 Oct 2011 03:16:45 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-135098 I am working for an employer who has frozen their contributions to their employee 401K. Can I do a direct transfer of my 401K funds to my existing personal 403b and essentially close out my 401K account being it doesnt look like my employer is going to contribute to it anytime in the forseeable future. I am working for an employer who has frozen their contributions to their employee 401K. Can I do a direct transfer of my 401K funds to my existing personal 403b and essentially close out my 401K account being it doesnt look like my employer is going to contribute to it anytime in the forseeable future.

]]> By: Tommy K. http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-126563 Tommy K. Tue, 13 Sep 2011 11:20:08 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-126563 I still have no answer if my employer stops contributing to my 401K.......4 years with no contributions, is this a qualifying event that will allow me to rollover my 401K to a tax defered IRA. I still have no answer if my employer stops contributing to my 401K…….4 years with no contributions, is this a qualifying event that will allow me to rollover my 401K to a tax defered IRA.

]]> By: Debbie http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-78616 Debbie Mon, 25 Apr 2011 20:50:04 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-78616 My husband will be 59 1/2 in July. His employer 401K is not extremely large, less than $50,000. He also has a pension with his employer and will be eligible for Social Security upon retirement. Legally, can we withdraw the 401K funds to pay off debt, if the plan administrator allows in service withdrawal? My husband will be 59 1/2 in July. His employer 401K is not extremely large, less than $50,000. He also has a pension with his employer and will be eligible for Social Security upon retirement. Legally, can we withdraw the 401K funds to pay off debt, if the plan administrator allows in service withdrawal?

]]> By: DJ Gott http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-2/#comment-78389 DJ Gott Fri, 22 Apr 2011 21:27:52 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-78389 I am currently doing In-Service withdrawals of after tax money into my Roth IRA. The 401k company I'm with says it's legal to do so. I'm trying to get a more concrete ruling on this. Thanks, DJ I am currently doing In-Service withdrawals of after tax money into my Roth IRA. The 401k company I’m with says it’s legal to do so. I’m trying to get a more concrete ruling on this. Thanks, DJ

]]> By: doug http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-1/#comment-78194 doug Wed, 20 Apr 2011 15:43:24 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-78194 I just turned 59 and half .I lost my job dp to an injury at work It required that I use my F.M.LA to hold my job ,but I had to have a second surgery to complete the full cure for me to return to work at week 13 my boss shows up at my residence and ask for my company vehicle my credit cards ,he stated that the company had to replace the position and I lost my job and the company stopped paying me my 60% weekly benifit checks and stop approval on my medical . I was told to use my group insurance and had to borrow from my 401 k just to make ends meet . I hired an attorney because this injury happened at work .My job was really strenuous travel to my jobs were 70 miles from my home and the company did not pay any driving time actually my time started when I arrived at my frist job and ended when I finished my calls most of the time I got up at 4 am and got back home at 6 to 8 pm every night and I did find that I was exhausted all the time. does this sound like I,m being unresonable to ask for reinburstment for my injury and not to mention I still have unpaided medical bills from this. I ,m looking for work now and this type of work is easy to find but it.s a young persons job so can you draw for a 401 account at 59 and a half and if so do you have to have 20% helded out for the goverment. DEEPLY CONCERNED INDIVIDUAL I just turned 59 and half .I lost my job dp to an injury at work It required that I use my F.M.LA to hold my job ,but I had to have a second surgery to complete the full cure for me to return to work at week 13 my boss shows up at my residence and ask for my company vehicle my credit cards ,he stated that the company had to replace the position and I lost my job and the company stopped paying me my 60% weekly benifit checks and stop approval on my medical . I was told to use my group insurance and had to borrow from my 401 k just to make ends meet . I hired an attorney because this injury happened at work .My job was really strenuous travel to my jobs were 70 miles from my home and the company did not pay any driving time actually my time started when I arrived at my frist job and ended when I finished my calls most of the time I got up at 4 am and got back home at 6 to 8 pm every night and I did find that I was exhausted all the time. does this sound like I,m being unresonable to ask for reinburstment for my injury and not to mention I still have unpaided medical bills from this. I ,m looking for work now and this type of work is easy to find but it.s a young persons job so can you draw for a 401 account at 59 and a half and if so do you have to have 20% helded out for the goverment.

DEEPLY CONCERNED INDIVIDUAL

]]> By: elvis http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/comment-page-1/#comment-75223 elvis Fri, 18 Mar 2011 00:27:50 +0000 http://www.accumulatingmoney.com/can-i-rollover-my-401k-while-still-employed/#comment-75223 is there a way to rollover my 401k to my spouse 401k plan? is there a way to rollover my 401k to my spouse 401k plan?

]]>