Is it better to keep 401K accounts separate or roll them into one account?


Posted May 31st, 2009 by admin 4 Comments »
401k
KrisP16 asked:


I have three 401K accounts from previous jobs, in addition to the one I have at my current job. Is it better to keep them separate or to roll them all into the account I have now?

Tags: , ,
Posted in Personal Finance | 4 Comments »

Do you have to report a 401k account if you never withdrew from it?


Posted March 19th, 2009 by admin 3 Comments »
401k
JustAGuy asked:


My employer set up 401k accounts for us and contributed a set amount to it. As of right now, neither I or my employer contribute to this account (I just found out about it). There is approximately $60 in the account. I am not sure how to report this or if you need to report this on Federal and state taxes (I am in NJ). I did not receive any form other then the account statement from the 401K provider.

Tags: , ,
Posted in United States | 3 Comments »