401k withdrawal
Can an employer 401k plan prohibit witdrawal to roll-over into a bank IRA if one is unhappy with the employer Plan? Employer does not contribute, the fund comes totally from employee deduction. Was told the only way to get out of the plan was to be terminated.
Asked on 9/09/08, 7:21 pm
1 Answer from Attorneys
William Gwaltney
William W. Gwaltney, Attorneys at Law
Re: 401k withdrawal
Yes
Answered on 9/09/08, 10:41 pm
