Is there a difference between 401(k) matched funds as opposed to non- matched funds?
I got an inquiry from someone who requested a withdrawal of non-matched funds. When he got the statement, it showed the withdrawal was from matched funds. The employer says that, since the employee cashed the check, it's too late and they won't fix it.
Does it make a difference? If it does, is there a way to fix it?
Thanks for any insight you can give.
Regards, Stu