Oh no. I have tried to close my old 401K on THREE occasions. The first time, when I moved it over initially. The second time, when they told me there was some interest money from the quarter I left the company. And the third time, when they told me I had $8 in the account and could they please write me a check (minus 40% taxes, of course).
So you can imagine my surprise when this showed up.
WTF? WTF? WTF? Not only did they have to hunt me down for a current address, but they had to spend the money to print this out and mail it to me. And I love how I have three cents, but am only vested to one penny. F*cking ridiculous. Why don't you guys take my penny and hire someone with more competence? You're welcome.
(I would like to point out that this is not my former employer's fault. It's the morons at T. Rowe Price.)
5 comments:
Hell... the paper they printed that on has more value than your vested penny!!
You should send them a letter requesting a full and detailed explanation: Where did your .02 go?
But, if we could find an evil genius to write a computer program to crawl through their systems and collect all the random $.01 and deposit them in the Caymans we could all retire!
I have a similar 1-cent check from Wells Fargo Bank that resulted from an adjustment of a real estate loan transaction! I've saved it for years -- I keep expecting them to send me a letter asking why I haven't cashed it.
so, what ya gonna do with yer penney?
Post a Comment