Thread regarding Lowe's Cos. layoffs

Quick question

If you walk out without a two weeks notice. Do you get all of your 401k including the part lowe's paid in

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| 1721 views | | 8 replies (last December 23, 2019) | Reply
Post ID: @OP+12DffttD

8 replies (most recent on top)

Depending on how much is in your 401k, you should be able to keep it where is now. Wait before making any decisions about rolling it over to IRA at different brokerage. Might make more sense to transfer to your new employer plan (if/when you get new job).

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Post ID: @1ezu+12DffttD

If you're vested, it's all yours, but your should move it into another investment portfolio, such as an IRA, to avoid really heavy tax penalty's.

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Post ID: @1xvj+12DffttD

Get ready to hit get with major tax penalties if you touch it though.

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Post ID: @1www+12DffttD

Are you fkkn serious? One has nothing to do w/ the other. If you are VESTED, then you can walk out with NO notice and Wells Fargo will contact you, or you call them. Its your money dopey.

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Post ID: @cck+12DffttD

Yes , as long as it is marked as vested , which Lowe’s is pretty good about that - you don’t get a trial period like other companies you are actually vested from day one.

Leave on any terms and 401 account is yours full including their contribution

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Post ID: @tvn+12DffttD

Your statements should tell you what’s vested. Check them to be sure.

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Post ID: @gvf+12DffttD

Yes it's yours no matter how you leave.

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Post ID: @nld+12DffttD

I want to know the answer too

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Post ID: @hwt+12DffttD

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