Weird Withdrawal from my 401k

Weird Withdrawal from my 401k

Posted in the 401K Forum

Seth

Tallahassee, FL

#1 Mar 15, 2012
I checked my 401k balance this morning and noticed it had dropped almost 1k since yesterday. The transaction history shows "Excess Return-Forfeiture" in the amount of $950.70 which is the exact same amount my employer matched last quarter. Any idea on what this might be?
Rob401k

Chantilly, VA

#2 May 17, 2012
This is definitely an issue you should ask your employer about. No one here will be able to determine why they made the withdrawal without a lot of extra information.

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