- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Quit job in 2016, but still have my 401K. No contributions after 2016. I just check my account balance and log out. Do I have to do anything on this years return?
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Quit job in 2016, but still have my 401K. No contributions after 2016. I just check my account balance and log out. Do I have to do anything on this years return?
No. You don't have to do anything unless you had a distribution from the old 401k or rolled it over to a new 401k plan or an IRA. If you decide to do so, make sure to have it rolled over "Trustee to Trustee" (without receiving a physical check) If you did any of these in 2017, you would receive a Form 1099-R to report.
Please feel free to post any additional details or questions in the comment section.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Quit job in 2016, but still have my 401K. No contributions after 2016. I just check my account balance and log out. Do I have to do anything on this years return?
No. You don't have to do anything unless you had a distribution from the old 401k or rolled it over to a new 401k plan or an IRA. If you decide to do so, make sure to have it rolled over "Trustee to Trustee" (without receiving a physical check) If you did any of these in 2017, you would receive a Form 1099-R to report.
Please feel free to post any additional details or questions in the comment section.
Still have questions?
Make a post