- Joined
- Apr 20, 2009
- Messages
- 6,760
At my job i got a promotion and took a close look at my pay stub to see just how much more per check i am making. I then noticed they are taking 4% out for my retirement. I quicky had that chanced because I am not in a financial situation where I can afford to give up that percentage each month for retirement which is a long way a way (i am 30).
I called and they said I have 1.5 k about in my fund, and that I can only take it out for the following reasons (unless i were to leave the company, which I am not).
prevent eviction/forclosure
purchase residence
college
medial and dental bills
damage to home from natural disaster
burial of a family member
they said i can't even take it to pay rent, or buy a car.
is there any way around that, or is that money really froze until i leave the company or retire? they said i can take a loan of it, but lol, who wants to take a loan of their own money? that just sounds stupid, and im 500 dollars short of being allowed to do that anyway.
I called and they said I have 1.5 k about in my fund, and that I can only take it out for the following reasons (unless i were to leave the company, which I am not).
prevent eviction/forclosure
purchase residence
college
medial and dental bills
damage to home from natural disaster
burial of a family member
they said i can't even take it to pay rent, or buy a car.
is there any way around that, or is that money really froze until i leave the company or retire? they said i can take a loan of it, but lol, who wants to take a loan of their own money? that just sounds stupid, and im 500 dollars short of being allowed to do that anyway.