I have $4,000 in an FSA account. That's mine right? I planed to pay off the rest of this IVF, the insurance only covers half of my u/s and b/w. We paid $9k already, but was saving the rest for copays.
I am really sad about my 401k, it took a huge nasty hit and is looking just awful. I have a thing with HR next week, but any idea what will about to that?
Re: FSAs?? and 401ks??
I wish I would have maxed it then. I don't make much and wouldn't have gotten a paycheck.
8 years:< I am going to be so lost.
TTC since 2007
6 IUIs, 3 IVFs, and 2 m/c :< PCOS, Blood Clotting Disorder & MFI
IVF #2 Aug 2011 is a BFN:<
IVF #3 March 2012 is a BFN
Not sure what to do now. Sad and lost.
I'm sorry this is so hard. So much to think about but don't worry about your 401k. Chances are, you will be able to roll it over into an IRA rollover. You won't have to sell anything just move it into a new account. You can find your own company (broker) or if you are with Fidelity, for example, you can open up an IRA rollover with them without sellig any of the investments.
This sucks and I'm sorry.
ditto this
((HUGS))
Worrying does not empty tomorrow of its troubles, It empties today of its strength. ~Corrie ten Boom
Courage doesn't always roar. Sometimes courage is the little voice at the end of the day that says I'll try again tomorrow. ~Mary Anne Radmacher (thank you beadinglady)
It's been a long journey. TTC since 9/06. multiple IUI's and IVF's and 4 m/c's. IVF#3 = BFP, twins, induced at 34w6d due to baby b passing away (no explanation). Delivered on 35w1d, Baby A - baby girl, and Baby B - baby boy, our little angel.
MTHFR A1298C & C677T, Immune Issues and Factor II
IVF #1 w ICSI in July 2010 = BFN
IVF #2.1 in Oct 2010 converted to IUI = BFN
IVF #2.2 w ICSI in Dec 2010 = BFN
Met with new RE in new city on 1/31/11.
IVF #3 w ICSI in April 2011. HPT on 5/9 = BFP!
Beta #1 on 5/10 (10dp5dt) = 99.4. Beta #2 on 5/12 = 284. First u/s on 5/26. = Fraternal TWINS!
Twin boys born & lost on 8/16/11 at 18w1d due to PPROM & preterm labor.
IVF #4.1 in Jan 2012 converted to IUI on 1/7/12 = BFN
IVF #4.2 w ICSI in Feb 2012. Lupron on 2/10. Stims on 2/18. ER on 2/29- 7R,6F
ET scheduled for 3/5/12- nothing to transfer
Dh seeing new MFI uro & Dh starting meds- June 2012.
IVF #5 in Dec 2012 = BFFN.
IVF #6 planned for Spring 2013. Praying for our take home baby/ies.
**P/SAIF and P/SAL always welcome!**
I agree with worms and ginger on your 401k. The FSA is your money. You have until april of next year to use it. You will not use it.
on the 401k..Roll it over to an IRA. DO NOT TAKE A PAY OUT. (Unless of course you have to for financial reasons.). If you take a pay out you are taxed at a high level. Also beware of keeping it with the employer. Sometimes, after two years it rolls back to the employer and you loose all the money. It depends on the way the plan is set up. I know with our business, several former employees lost thousands by leaving it sit there. Both the 401k plan and my company tried to warn them via letters etc multiple times.
SD, I am so sorry. THis must be so hard for you. Hang in there, start looking for something new. You will find something that you love just as much.
(HUGS)
TTC #2 since June '08
~*DD 10.21.07*~
dx unexplained
IUI #1-4 BFN
IVF#1 June 2011 BFN
IVF#2 Dec 2011
Beta#1 12/21 : 812 Beta#2 12/23 : 1634
EDD 8/25
*PAIFW/SAIFW*
WTF about rolling back to your employer?! I've never heard of this. I don't think mine will do this, and it's only been 4 months, but I will definitely check into.
You are right about not taking a payout- big taxes and a penalty.
IVF #1 w ICSI in July 2010 = BFN
IVF #2.1 in Oct 2010 converted to IUI = BFN
IVF #2.2 w ICSI in Dec 2010 = BFN
Met with new RE in new city on 1/31/11.
IVF #3 w ICSI in April 2011. HPT on 5/9 = BFP!
Beta #1 on 5/10 (10dp5dt) = 99.4. Beta #2 on 5/12 = 284. First u/s on 5/26. = Fraternal TWINS!
Twin boys born & lost on 8/16/11 at 18w1d due to PPROM & preterm labor.
IVF #4.1 in Jan 2012 converted to IUI on 1/7/12 = BFN
IVF #4.2 w ICSI in Feb 2012. Lupron on 2/10. Stims on 2/18. ER on 2/29- 7R,6F
ET scheduled for 3/5/12- nothing to transfer
Dh seeing new MFI uro & Dh starting meds- June 2012.
IVF #5 in Dec 2012 = BFFN.
IVF #6 planned for Spring 2013. Praying for our take home baby/ies.
**P/SAIF and P/SAL always welcome!**
Over from IF, hope you don't mind that I responded.
I'm so sorry to hear that you were laid off. When I got laid off from my job in 2008, I also had a flex account. You should check with your HR dept. With mine, I only had 30 days from my end date (when my benefits ended) to use the money or I lost it. If that's the case, do you have a receipt for the $9k you already paid the RE? You can turn that in and get reimbursed through your FSA account.
Also, like PP have mentioned, your 401k plan may dictate when you have to roll it over into an IRA. Some plans give you 6 months from leaving the company other don't have a time limit and you can leave it there forever. Once you figure that out, meet with a financial advisor. Most banks have FAs or other brokerage firms. They should be able to give you advice on whether you should leave it and hope the market recovers a little more or if you can move it in kind.
It's all so overwhelming. Good luck!