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Newest 401k Content


Deductibility Limits on Traditional IRA Contributions & IRA Contribution Limits from 2002 to 2012
Hardship Withdrawals and Accessing 401(k) Loans
401(k) Rules – Contribution Limits, Catch-Up Contribution Rules, Vesting Rules, 401k Eligibility Rules
Salary Deferral Contributions Made to 401(k) Retirement Account
Important Year End Statements for Individual Retirement Account (IRA) Holders
5 Things Every 401(k) Plan Should Have
The Roth 401(k) – How After-Tax Contributions Work, Comparisons with Roth IRA, Future Tax Rates, Contribution Limits & Frequently Asked Questions
What is a Traditional IRA? History of IRAs, Eligibility Requirements, Ineligible Compensation, Distributions from a Traditional IRA & How Income Tax Deductions Work
How to Invest in Real Estate using your Individual Retirement Account (IRA)
Rolling your 401(k) – Trustee to Trustee Direct Rollover, Modified Adjusted Gross Income (MAGI) Income Limits for Deductible Contributions to a Traditional IRA
401(k) Vesting – How It Works, Vesting Schedule, Number of Years of Service
401(k) Lump Sum Distributions – Tax Advantages, Rollover to IRA, Tax Deferred Contributions and more
401k Rollovers to an Individual Retirement Account (IRA) – Things to Consider Before You Rollover, Avoid Transfer Penalties, Move Employer Stock, etc.
401(k) Withdrawals – Early Withdrawal Penalties, Rollover Withdrawals, Exceptions and Tax Consequences
Understanding the Rules for Participating in a 401(k) Plan, Beneficiary Appointment, 401(k) Plans for High Paid Employees

Most Popular Articles

How long can my employer legally hold on to my contributions before they are deposited in my 401(k) account? - 401K and Retirement Related Questions from Our Community Members

WealthCycles.com - Gold & Silver Investing News

(August 18th, 2009)

Question: How long can my employer legally hold on to my contributions before they are deposited in my 401(k) account?

Asked by: Peter Johnson

Answer: Legally your employer must deposit your contributions within 15 business days after the end of the month; 15 business days is usually about 3 weeks including weekends. If you do not see your contributions deposited after this time period, contact your company’s HR department and the 401(k) plan administrator and ask for the status as to why it is taking long. If you do not receive a quick reply, be ready to report this behaviour to the Department of Labour.

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