Keri H.
Negative stars
I wish it was possible to give a company negative stars. If you have a choice, please choose any other company. Unfortunately, my employer sponsored 401K is with them. I was needing to take a hardship withdrawal to buyout my ex from my home. I was very careful to specify that I needed an additional amount withdrawn to cover my tax implications (I am not yet 59 1/2 so penalties as well as taxes). T Rowe did not take the specified amount out and because the net amount to me was correct, I did not catch it. They then claimed that by cashing the check for the correct amount to me, that was an agreement that everything was correct. I asked T Rowe if they could remit the payment to the IRS retroactive to the 2024 tax year and send me an amended 1099-R. Customer service rep after rep kept dropping the ball and I had to chase them down for answers. Another yelper called them "obstructionist and dysfunctional" and I couldn't agree more. Throughout the whole process, they were evasive, vague and flat out gave wrong information all while trying to blame me for their screw up. They ultimately refused to remit MY MONEY to the IRS and send an amended 1099. claiming it was because it crossed a tax year. I have never heard of anything so stupid. Please, if you have a choice, RUN. Use any other company.



