More details to this question:
I work for bestbuy and have a 401k. I called them to cash it out and they told me I cannot get my money unless I leave bestbuy or reach 59 1/2 in age. I know there are the 10 & 20 % penalty and I am ok with that. but they said I cannot get my money.
1 ANSWER
wh what ever money you invested personally is yours 100%. Any money that is matched by the employer depends upon the vesting schedule. If you meet the vesting schedule the matching money is yours as well. But money is deducted from your paycheck that is contributed is always 100% yours and any refusal to let you have this money is a violation of the erisa
Answered on Dec 06th, 2016 at 5:35 AM
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