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Correcting my wife's 401K

September 23rd, 2007 at 06:48 pm

My wife started her new job back in July. We signed her up for the 401K and requested 50% of her salary go to the plan. The first couple of paychecks, only 3% was deducted, which they do automatically, so we just figured they hadn't processed the request yet. Then we went away for 2 weeks followed by her surgery, so she didn't work for about a month all together.

On Friday, she got her paycheck and they are still only deducting 3%. I went online tonight and downloaded the salary reduction form and we filled it out again and will mail it in the morning. Hopefully, this will solve the problem and she'll start getting the 50% deducted and the full company match.

3 Responses to “Correcting my wife's 401K”

  1. Ima saver Says:

    That is annoying.

  2. disneysteve Says:

    I'm just glad they do automatic enrollment, so at least the 3% has been going in. If not for that, she would have nothing all this time.

    I hope they fix it quickly. The whole reason she's working is so I can retire sooner - LOL!

  3. terri77 Says:

    That's so frustrating when you make plans and get everything set up, or so you think, and things come out wrong. I just made some changes to my 457(b) and 403(b) and I'm crossing my fingers that they get things right.

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