Weird 401K issue

[johnnycakes]

I left my job July 14.

I was told I would receive info from Fidelity with options on what to do with my 401K.

I never heard from them.

A couple days ago, I got my quarterly statement. It listed employer contributions for the period (during which I have been unemployed)!
I guess they never told Fidelity I don't work for them anymore.

So, is my former employer still giving me money?

If so, uh, should I tell them? Will they take the money back?

Thanks.

[DesertCat]

What's the right thing to do?

[gull]

Are you kidding? Be a man and do the right thing.

[moondogg]

[ QUOTE ]
I left my job July 14.

I was told I would receive info from Fidelity with options on what to do with my 401K.

I never heard from them.

A couple days ago, I got my quarterly statement. It listed employer contributions for the period (during which I have been unemployed)!
I guess they never told Fidelity I don't work for them anymore.

So, is my former employer still giving me money?

If so, uh, should I tell them? Will they take the money back?

Thanks.

[/ QUOTE ]

When you roll over your 401(k), the paperwork will ask when your termination date was. I'd imagine they would take back those contributions at that point, along with any unvested contributions (if any).

[maxtower]

You might as well tell them now, because at some point they'll find out and keep the money they don't owe you.