Please, this is a big money emergency?

Question

I have been included in a fidelity 401(k) retirement savings plan,

I need to cancel it this instant! It expires in two hours and I will

lose a lot of money if I don't find out how to cancel this 401(k).

If this helps: I have made an account at fidelity.com already! Plz

hurry and tell me!

Answer 1

I don't know why you have such urgency - after all the 401K account belongs to you, and your money is safe with Fidelity.  

If you pull out funds, or close out the account, you will be hit with severe penalties and taxes.

If you want to stop contributing, you need to see if you can do so online, because that is your only option so late in the evening.

You should be able to contact Fidelity Customer service on a 24/7 hotline, usually a 800 number.