http://notmadeofmoney.com/blog/2007/07/the-401k-blackout-period-a-scary-time.html Save Money - A Personal Finance Blog By A Husband And Wife Sun, 21 Mar 2010 14:07:21 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://notmadeofmoney.com/blog/2007/07/the-401k-blackout-period-a-scary-time.html/comment-page-1#comment-204070 bill p Mon, 22 Dec 2008 20:37:58 +0000 http://notmadeofmoney.com/blog/2007/07/the-401k-blackout-period-a-scary-time.html#comment-204070 I am going thru a nightmare in Houston where I went on computer and selected a guaranteed fund ( preserve principal and pennies in interest) Problem was they dropped the fund and "matched" for me to a non guaranteed fund and bingo it happen in early oct and i "lost" 5 figures. I am going thru a nightmare in Houston where I went on computer and selected a guaranteed fund ( preserve principal and pennies in interest) Problem was they dropped the fund and “matched” for me to a non guaranteed fund and bingo it happen in early oct and i “lost” 5 figures.

]]> http://notmadeofmoney.com/blog/2007/07/the-401k-blackout-period-a-scary-time.html/comment-page-1#comment-169531 Tom Connolly Mon, 03 Nov 2008 16:46:14 +0000 http://notmadeofmoney.com/blog/2007/07/the-401k-blackout-period-a-scary-time.html#comment-169531 We are experiencing a similar situation at our company, they decided to switch our 401K provider and said that our black out period is 30 days. These very smart people have cost me about $15,000 having sold our old shares somewhere in the first 2 weeks of October. I was not aware of how the fees work that a company pays, can you offer any insight. I am really pissed, and am wondering if I have any legal re-course. We are experiencing a similar situation at our company, they decided to switch our 401K provider and said that our black out period is 30 days. These very smart people have cost me about $15,000 having sold our old shares somewhere in the first 2 weeks of October. I was not aware of how the fees work that a company pays, can you offer any insight. I am really pissed, and am wondering if I have any legal re-course.

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