Home     Forum     401k     401k Rollovers
    Register   Login   Members   Search   FAQs     Recent Posts    

Help please , need to cash 401 , do print check ?

Reply to topic
Money Talk > Personal Finance

Author Thread

Cash: $ 2.70

Posts: 11
Joined: 24 May 2012

Help please , need to cash 401 , do print check ?  Reply with quote  

Hello All,

This post is the result of pure desperation , so I am begging please help if you can .

I am financially in surviving mode . I live for many years abroad, and do not have means to travel to US .
After battle with finalizing QDRO after divorce , company finally put my part in account on my name .
I need this money to save or rather try to save my life , medical .

I contact them , was told to provide the form of deposit and voided check .

Horror is, I do not have check with my name on it , because only account
in US bank is join account and I never ordered checks with my name ,
never needed it, everything online .

What I sent was not accepted, name on check has to mach with what they have on file .
I sent print out of the bank statement with both names, did not help .

My question

If I will print a check , with all real data, routing, account number, my name,
name and address of the bank , print over here where I am, will it be legal
and accepted or I am asking for trouble ?
What do they do with voided check , another than include in their files ?
Can bank somehow interfere because check was not ordered from them ?

If someone knows from insider experience, how does cashing 401 work , please help me .

Idea about printing this check, came to me from memories about ordering
fancy checks from companies having nothing to do with the banks .

And one more piece of information .

According to this company policies, are two options ,
one is this one with including void check
another signature confirmed by notary in the bank , surely not for me .

Please tell me what to do ,
I simply can not believe that having bank account with somebody else ,

and not having checks, can deprive me from the rights of cashing my 401, when it is matter of life or not .

Tell me how to deal with them , and, if I will be not able to get this money,
and eventually go to US 3 years from now , can I loose it ?

Help please !!!
Post Mon Jul 30, 2012 11:29 am
 View user's profile Send private message
Senior Advisor

Cash: $ 1626.30

Posts: 7990
Joined: 11 Oct 2005
Location: Wisconsin
 Reply with quote  

First, you cannot lose the money in the account. It is yours whether you claim it now or 100 years from now.

Second, don't print bogus checks; you are asking for big trouble; this is called fraud.
Can you open another account in your own name in the same or another bank?

I suggest you reconsider the signature guarantee as the easiest solution to your problem. You don't need to do this at your bank; it can be done anywhere. You'll need proof you are who you are and what is your legal signature. Then you'll sign the document requesting your funds in the presence of a bank officer.

Note: a signature guarantee is not the same as a notarized document. Please make sure of what they want; usually it's a signature guarantee.

Post Tue Jul 31, 2012 6:23 am
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      

Money Talk © 2003-2018