If I borrow $30,000.00 to buy a house from my 401K. Can I use part of the $30,000.00 as a down payment and the rest to pay off bills and for material to update the house I'm buying?
I am 74 yrs old. My full-time job is being phased out. Can I w/d from my IRA to pay off credit card, etc debts w/o penalty or taxes? Is it a wise move?
I was terminated 2/2009 I got a letter stating the employer made a contribution toits 401k plan . I was eligible for 3 reasons;1) employed with them as of 12/31/8, 2)over 20.5 years and 3)met eligibilty requiremens...
I had a D&C because my baby no longer had a heart beat an I did want to wait to pass it on my own so I had the D&C done. I since then had unprotected sex with my husband its just so hard to no want a baby I think...
My former employer opted to close our 401K and I signed the release paperwork back in July to withdraw my funds. I had made arrangements to have it deposited into my checking account upon closure. It has finally...
Do I have to find each employer & ask, or is there a site to find this info?
I am 61 and disabled. Will I have to pay federal and michigan state tax if I withdraw from my 401k
The company I work for is being sold by our parent company. At this time I have a loan of $2230 outstanding, while paying $72 a month out of my paychecks. A friend told me she has done this, so I wanted to see...
Do retired law enforcement officers age 50 have to pay the 10% penalty when they take money from their 401K
I might need to take some money from my 401k. Am I allowed to? I am still working for the same company but my friend is not and he wants to take money too. What so we do?
My employer has send advanced notice of a blackout out period for our 401k due to changing investment companies. I have read up on this and would like to just yank out my vested amount and reinvest after the change....
Is my 401k taxed if I am over 59 1/2 and withdrawing money from my 401k? If taxed, at what percent? thank you
The company that I work for will be laying off 33 union employees on November 6, 2009. I am 3rd from the bottom of the list which means it's unlikely they will be calling me back. I don't have that much...
I am 37 and I have just started a new job that does not have a 401k. Should I cash out my 401k from my old company?
I am a 61 years old retiree receiving a pension and have no need to tap my IRA. If I wait till 70 1/2 to withdraw the Required Minimum Distribution, it will place me into a very high tax bracket. Over the next...
I had a loan on my 401k and i defaulted on the payments while on sick leave and the loan was turned into a withdrawal on a 1099 in 2003 but my 401k is still showing the loan and charging interest. Is this how...
I have to cash out my 401k plan and im wondering if the govt will seize my child support arrearage from my check
Today informed in default of loan due to missed payments. I am commissioned sales and some weeks I do not receive a commission check. I set up the payment by automatic payroll deduction and when I have commission...
401k hardship rules
I'm 70 1/2 and unemployed. If I start taking by taking one minumum withdrawal now and then take monthly withdrawals. What if I need to change this and cash out? Am I stuck with the monthly draws?
I know it isn't the smartest thing to do, but I wonder how much I would get if I cashed out my 401K. If I have $4000.00 in there how much do you think I would walk away with after penalties, taxes, etc? I'm...
Can i withdraw from my 401k due to an emergency like loss of job and about to loose home/
I have worked for city government and business in San Diego, Los Angels and Chula Vista, left employment and paid for a 401K and never received money. Can I check if there is one out there?
I have a full time job that gives 401K but I also hae another full-time job that gives 401K too. Is it ok to have to separate plans and will it effect me in any way?
