My husband recently joined Deloitte at Manager level. Filling out his compliance stuff he saw that Alight is a restricted broker, and Alight is who administers my 401k plan at my current employer. Restrictions at Deloitte apply to both the employee and the spouse.
Does this mean I can’t participate in 401k match and need to divest existing contributions? Anyone else in this situation and have any advice for me? Can it really be true that because my spouse took a new job that I cant do 401k?

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Ask for exemption. Without reporting the relationship on the site there are options

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*with

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You can get an exemption through the Tracking and Trading portal. My wife’s 401k is also considered restricted. It is not a huge deal

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It shouldn’t matter unless it’s restricted in his specific location also. Check that first

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Typically spouse’s current employer benefits can be exempted because you don’t have market options — becomes an issue if you keep $ there after you leave

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Get exemption. It should be fi r

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Thanks all for the replies - he was on the phone with compliance while I posted this and they instructed him to enter it as “Current Employer Sponsored Benefit” in my portfolio instead of putting it under Alight. So no exemption was needed.

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That’s why I left D. They hired me not my entire family.

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