Kiddie Kandids employees who were participants in the 401K plan can now rollover their investments into other accounts or take distributions. Soltis Investments Advisors is going to mail information to each plan participant on how to do this next week. Your 401K funds are safe and will not be affected in any way by the bankruptcy. To roll over your money to another account or to take a distribution, you can go to www.my401klink.com/kkp/ . Once you have logged into the site, go to the ‘Forms’ menu located under the ‘Plan Information’ heading. You will see a file available for download titled ‘Plan Termination Distribution Form’. This file contains a distribution form, a tax notice describing the tax consequences of the different distribution options, as well as a summary of the plan changes made to terminate the plan. You only need to complete and return the first page of this file. You can fax it to the Alliance Benefits Group- Rocky Mountain operations group at 801-483-1255. If participants have questions you can contact Rocky Mountain at 800-421-4758 or Soltis Investment Advisors at 800-735-1601.
