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401K Warning!!
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<blockquote data-quote="Raw" data-source="post: 464818" data-attributes="member: 6428"><p>With the stock market going down I got in the habit of transfering funds from safe to risky as I felt was needed to grow my 401K. As you know , Prudential is now running our 401K. The other day I transfered 80% out of the Stable Fund ( I had 100% in it ) to a more risky fund for a short time then my intent was to go back in the Stable Fund as the market would probaly continue down. After talking to the fund rep I found out that I can`t return the money to the Stable Fund for 90 days! No prompt to the new rule whatsoever! <img src="/community/styles/default/xenforo/smilies/FeltTip/angry.png" class="smilie" loading="lazy" alt=":angry:" title="Angry :angry:" data-shortname=":angry:" /></p></blockquote><p></p>
[QUOTE="Raw, post: 464818, member: 6428"] With the stock market going down I got in the habit of transfering funds from safe to risky as I felt was needed to grow my 401K. As you know , Prudential is now running our 401K. The other day I transfered 80% out of the Stable Fund ( I had 100% in it ) to a more risky fund for a short time then my intent was to go back in the Stable Fund as the market would probaly continue down. After talking to the fund rep I found out that I can`t return the money to the Stable Fund for 90 days! No prompt to the new rule whatsoever! :angry: [/QUOTE]
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