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Stupid 401(k) question...
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suvenR
designer mutt
Member since 5/05 4239 total posts
Name:
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Stupid 401(k) question...
Right now, I am 100% vested in company stock (yes, I know this is stupid, but I've made A LOT of money thus far)
ANYWAY, I want to change my allocations to a different group of funds.
So, does that mean that my full market value will move out of my company's stock and into the new one I choose, or that just my future contributions will be made toward the new allocations?
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Posted 5/13/06 1:46 PM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
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Re: Stupid 401(k) question...
it depends on how your 401K is set up. With mine, I can choose future deductions or my whole portfolio.
Best bet is to call your portfolio manager and ask them
Good Luck! 
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| Posted 5/13/06 1:54 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Stupid 401(k) question...
Posted by suvenR
Right now, I am 100% vested in company stock (yes, I know this is stupid, but I've made A LOT of money thus far)
ANYWAY, I want to change my allocations to a different group of funds.
So, does that mean that my full market value will move out of my company's stock and into the new one I choose, or that just my future contributions will be made toward the new allocations?
It depends what you move. You can choose to reallocate existing funds and new money or just new money.
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| Posted 5/13/06 5:34 PM |
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