I assume the 401(k) continues to be withheld throughout the 60 day WARN period. How soon after the severance is paid can a person rollover their 401(k) to another to another investment broker? Can you cash any of it out if you're under retirement age? I plan to bet it all on 22...
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After you are gone, you don't even have to roll it over. I still have my Target one and have been gone 5 years.
You can rollover your 401k funds when your employment is terminated. You can take a distribution then as well, but you'll get murdered in taxes.
Anonymous 75248, you homework assignment this weekend is to watch the movie, 'Çasablanca'... Or, 'Lost in America'. It wouldn't hurt any of us to enjoy some good movies.
Whats 22