Taking Money Out of My Account
What Happens to a 401(k) Account After a Participant Dies? A Guide for Beneficiaries
Losing a loved one is never easy, and dealing with their financial accounts can be overwhelming. If someone you love had a 401(k) plan, understanding ...
What Is an In-Service Distribution from Your 401(k)?
Most 401(k) plan withdrawals happen after you retire or leave your job—but in some cases, your plan may allow you to take money out while you’re still...
What Happens If You Fall Behind on 401(k) Loan Payments?
Taking a loan from your 401(k) can be a convenient way to borrow money, since you’re essentially borrowing from yourself. But just like any loan, stay...
How to Take a Hardship Withdrawal from Your 401(k)
If you’re facing a serious financial emergency, your 401(k) plan may allow you to take a hardship withdrawal . While tapping your retirement savings ...
Understanding Required Minimum Distributions (RMDs) from Your 401(k)
As you get older, the IRS requires you to begin withdrawing money from your 401(k). These mandatory withdrawals are called Required Minimum Distribut...
How to Set Up Periodic Payments from Your 401(k) in Retirement
As you approach retirement, you’ll need a plan for turning your savings into income. One of the most flexible options is setting up periodic payments...
What Happens to My 401(k) If I Leave My Job?
Changing jobs? Your 401(k) doesn’t disappear—it just needs a decision. Leave it where it is : If your account meets a minimum balance (usually $5,000+...
When and How Can I Take a Distribution from My 401(k)?
Distributions allow you to access your 401(k) funds, but the timing and purpose matter greatly for taxes and penalties. Age 59½ : You can take penalty...
Can I Take a Loan from My 401(k)?
Many 401(k) plans allow participants to borrow money from their accounts, but it’s important to understand how 401(k) loans work. You must be an activ...
Death Benefit Guide
Here’s a step-by-step guide to notify NestEggs of a participant's death and claim the benefits: Before contacting NestEggs, ensure you have the follow...
Qualified Domestic Relations Order Guide
Follow this guide to learn the steps involved with notifying and receiving the benefits awarded in a Qualified Domestic Relations Order (QDRO). 1. Obt...
Special Tax Notice
Good Faith 401(f) Notice/SPECIAL TAX NOTICE REGARDING PLAN PAYMENTS This notice explains how you can continue to defer federal income tax on your reti...
How to Request a Withdrawal
To initiate your withdrawal request, log into your online NestEggs account - Login Select Manage then select Withdrawal Request This will open an ...
How to Request a Loan
Go to www.nesteggs401k.com under Employee 401(k) Login and login to your Participant account Select Menu Tab Manage and then select Loans Selec...