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401K Beat
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401K Beat
by biggle10 » Mon Apr 09, 2007 6:37 pm
Be noted that I'm an idiot.
Found out recently that bank didn't roll over 401K from previous employer despite instructions to do so. Instead they decided to cash it out for me. Tax penalties suck. Thankfully(?) I only had had the 401K about a year so it wasn't too big. Still a big fucking mistake on my part for not catching it sooner. Talking to them tomorrow to see if there's anything that I can do, but I'm not optimistic.
I'm normally a very laid back guy but this month has sucked royally. Going through getting mortgage, screwed up taxes, quit sniffing glue.
Somebody shoot me.
Found out recently that bank didn't roll over 401K from previous employer despite instructions to do so. Instead they decided to cash it out for me. Tax penalties suck. Thankfully(?) I only had had the 401K about a year so it wasn't too big. Still a big fucking mistake on my part for not catching it sooner. Talking to them tomorrow to see if there's anything that I can do, but I'm not optimistic.
I'm normally a very laid back guy but this month has sucked royally. Going through getting mortgage, screwed up taxes, quit sniffing glue.
Somebody shoot me.
-

biggle10 - Whale Hunter
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by panhandle88 » Mon Apr 09, 2007 8:36 pm
wait let me try,
Al Bundy was henpecked by Xena warrior princess so he went out and golfed and had a wicked hook swing which drove him to use cocaine then President Bush declared mission accomplished?
I'm right aren't I? Admit it.
Al Bundy was henpecked by Xena warrior princess so he went out and golfed and had a wicked hook swing which drove him to use cocaine then President Bush declared mission accomplished?
I'm right aren't I? Admit it.
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panhandle88 - School Fish
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by ugignadl » Mon Apr 09, 2007 9:50 pm
Biggle, that sucks balls. I'm not totally up to speed on American tax laws, but in Aus they have things a little different. With a large amount of money in the bank, we can accrue interest (or increase in any way so managed), and so long as the money has a declared use we get tax benefits.
Sorry to hear about your month.
Sorry to hear about your month.
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ugignadl - Whale Hunter
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by LadyWrestler » Mon Apr 09, 2007 11:36 pm
Panhandle88 wrote:wait let me try,
Al Bundy was henpecked by Xena warrior princess so he went out and golfed and had a wicked hook swing which drove him to use cocaine then President Bush declared mission accomplished?
I'm right aren't I? Admit it.
Sounds good to me. (I admit it!)
- LadyWrestler
Re: 401K Beat
by LadyWrestler » Mon Apr 09, 2007 11:38 pm
Biggle10 wrote:Be noted that I'm an idiot.
Found out recently that bank didn't roll over 401K from previous employer despite instructions to do so. Instead they decided to cash it out for me. Tax penalties suck. Thankfully(?) I only had had the 401K about a year so it wasn't too big. Still a big fucking mistake on my part for not catching it sooner. Talking to them tomorrow to see if there's anything that I can do, but I'm not optimistic.
I'm normally a very laid back guy but this month has sucked royally. Going through getting mortgage, screwed up taxes, quit sniffing glue.
Somebody headscissors me.
FYP
Sorry to hear about your troubles.
- LadyWrestler
by randy72560 » Tue Apr 10, 2007 6:02 pm
Ok. Bank was able to correct things. I feel much better.
Good news man!!
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randy72560 - Moderator
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