 What would you do if you made $50,000 monthly? |
what would you do if you made that kind of money?
i would buy a huge house and then splurge on some nice vacations.... |
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 If u be a banker, do u get lots of money? |
| i am planning to be a banker because maths is the only thing i can do but i dunno what it would lead to so at least do u get ... |
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 13 yr old taking out a loan? |
| Can I do this? I need like a microloan, 1000$ tops for a few movies we're gonna film and sell.... |
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 Is it safe to give social security number? |
| My father was ordering a phone and having a new service and they asked for the whole social security number and credit card number. is it safe?... |
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 Online Paid Surveys? |
| Do any of you take paid online surveys? Do they actually work and make you money? Im home all day, and if I can actually make money doing it i could and would take surveys all day...........Give me ... |
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 What time can you withdraw money from the bank on payday? |
i am due to get paid on friday for a temporary job i did. what time will my money be in the bank on friday? someone said exactly midnignt, but someone told me not until 9am?
i want to know ... |
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 How can I make ten thousand dollars in 30 days, all ideas are welcome.? |
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 Money, money, money? |
| i need to come up with $70 in 2-3 weeks. what can i do. i'm only 14. this is very important to me please help!... |
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| Paypal Question? |
| A lady is going to send me money over paypal and I set up my account like my account number and institution number all that stuff. So when she sends me the money does it go straight into my bank ... |
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 Im 15 year old how can i make money ? |
| ok well i have heard all lemonade stand , car washs, babysitter,lawn mowing,recycle allumin cans, But really how can a 15 year old make money?... |
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 People who don't like benefit scroungers? |
| I work 16.5 hours per week. I earn just over 90 pounds for that, I also get 115 in working tax credits. I get 92 pounds in housing benefit and free prescriptions. I live with my wife and we have no ... |
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| Is anyone on a Budget? |
I was just wondering.
People talk about tightening their belts, but I was wondering if they really institute a budget and say to themselves, "I'm only spending $25 this week" or ... |
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| What Are Some Fast and Easy Ways for a Teen to Make Money? |
I need some quick cash to buy some last - minute Christmas gifts!
But, I'm broke as a joke!
Don't tell me to get a job .
Don't tell me to start babysitting .
Don�... |
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 Is it possible for a single person to live off $100-$150 a month on groceries? |
| I'm wondering if this is possible because I will be moving out on my own in February and I've heard that a single person spends about $250-$300 a month.... |
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Tarabeara | Does being fired from your job affect your retirement and 401k monies? |
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Rich Madcity
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No. The money paid into the 401(k) was your own. The only thing that might be affected is the empyers matching contributions. If you were not working there long enough, you may not be fully vested and could lose some of those matching funds, but that would have happened even if you changed jobs, not just because you were fired. |
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src50
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Anything you are vested in remains yours. |
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zipper
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It sure can affect them: I was not fired I was laid off for ever, job moved to Brazil and this is what I am going through right now. To keep my medical coverage intact I had to take an early retirement, so I lost 28% of my retirement benefit to keep the medical, I had to start paying a serves fee on my 401K taken directly out of the 401K and I could not pay any more into it either. This forced me to rollover my 401K to protected it. Being fired you could loose your retirement package all to getter if you do not have vested rights in the package. You need to check with personal on that point or a union rep if you have a union, as for the 401K you can not loose that directly but they can charge you a service fee being you no longer work for them. That is why you do a roller. So it can really hurt your retirement plans. |
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Dragonfly
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No, it isn't their money to do anything with, but you should look into transfering it into something like an IRA soon. You would be best off talking to someone at a bank about what to do with your money. |
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roadrunner426440
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you would have the vested benefit of your pension at your termination date - assuming you are vested they will provide you information on this - likely by mail - if it is a small amount they may offer to just pay you out (this will likely be taxable)
the 401 K belongs to you and is yours - including any match you have gotten - assuming you have met the time requirements to retain the match - I would roll this into an IRA at Fidelity. |
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Elaine G
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It generally does it depends what kind you had. If it was the kind that your employer feeds into that will not continue to grow. You might want to call and see if this is a plan that you can feed when you get your next job. It might be the kind that you can withdraw once you have been terminated. If so you will get penalties, but you can take your money out now if you need it. If they tell you it can remain and gain interest then just leave it there if you can. |
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BIKER DUDE
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No it doesn't affect it aside of the fact that there are no future contributions from your pay. If you are terminated though you can remove your money or roll it over into something different. You have to have your former employer contact the company handling your 401K and update your status to terminated and then you can remove the money. you will have to pay the tax owed on it though. They will keep some of it for that but they usually don't take enough to cover the entire tax bill and they will take none out for the state tax bill. |
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Master Shake
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No! |
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Francis D
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why wouldnt it affect your retirement? Without work, you wont have any money to retire on. And the 401k? Well, if you dont throw money into it, it wont really grow all that much. |
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First NameBob G
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Uh, if you're not paying into it... Yes.
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Arinbjorn B
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It really shouldn't, only if you've done something super-illegal. |
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Bosco A
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It does not unless you are not completely vested. Then the company will get the money back that they put in. |
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Ghadahav Kaffee
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ERISA says no. |
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AlchikZ
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Sure. When you don't have a job you're not contributing to your 401k any longer. Also, since you don't have a job and will have a hard time getting one because you've been fired you'll find it very difficult to retire. Generally you have to be working to retire. You're essentially retired now... |
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