Posts by Chris Nelson73

That’s exactly what I was hoping to hear, thanks so much!

So, does that mean I can't withdraw anything because of this?

A couple of years back, I was working for a company here in the States. Because of how they handled payroll, I had to open an account at a major bank like Chase and pick a mandatory retirement fund. So, I did. After I stopped working there—I was only there for about two months due to the recession—I closed all my bank accounts. But it turns out my retirement fund is still active because I just received an ACCOUNT STATUS NOTICE in the mail a few days ago. It says my former employer paid some money (around $100) into that fund after I left. Since I am completely clueless when it comes to economics, banking, or investment funds, I don't actually know what a retirement fund is or why this money was sent to me (though I noticed it grew by about a hundred dollars over the last two or three years). My main question is: can I actually withdraw that cash?
Please, give me a plain English explanation!