Thanks for your quick help @DanaB27
1) my second question was actually that "will my employer contribution part also will be returned to my employer OR it will be left in my account?"
2) If I don't do ROE (just claim as misc. income on my 1040), I can wait till after 59 (or 65) after I retire for the second time it gets taxed when I try to get 401k distribution, is my understanding correct?
Thanks again.
Dave
