SavingsTalk.com

dotru

My company does a quarterly contribute to American Funds on my behalf. I originally chose 3 funds. We'll call them fund A, fund B, and fund C. IF I exhchanged all of fund C, and bought a new fund..called fund D. Here are my questions.<br /><br />1. Will my company now contribute to my new fund D?<br />2. Will my company still contribute to only funds A,B, and C?<br />3. Will my fund C dissappear now since I did exchange all for fund D?<br /><br />4. If Fund C, is gone now because I chose to invest it all into Fund D, will my company only contribute to fund A and B and make me reliable for Fund D on my own?<br /><br />I hope I didnt make this to complicated.<br />I do not contribute to these funds, only the company I work for contributes, as their compensation for our retirement.<br />These are not roth,Ira, etc. and this in not any of the 401k plans etc. just a simple my company and I can both contribute to these funds, and my company will contribute quarterly for as long as I work for them.<br />

gooner

Normally, how a 401k works is you fill out a form at the beginning of the sign up period telling the administrator how you want your money distributed among the funds and that is how it is distributed until the next sign up period at which time you can change the way your money is allocated.

To receive a concise answer to this question, you really need to ask the fund administrator. Any answers on our part is meerly conjecture.