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Can you borrow money to pay delinquent property taxes in the state of texas
Can you borrow money to pay delinquent property taxes in the state of texas

Can I borrow money to pay delinquent property taxes in the state of texas

Open | Answered 2 hours ago by RWK | Category: 401k | 479 Views | Answer Question Now
60,000 at age 40 will be worth what at 65 with average rate of return
60,000 at age 40 will be worth what at 65 with average rate of return

60,000 at age 40 will be worth what at age 65 with average rate of return

Open | Answered 9 hours ago by 59er | Category: 401k | 11 Views | Answer Question Now
Funding an HSA with 401k Withdrawal
Funding an HSA with 401k Withdrawal

I am an early retiree and will soon be 59 1/2. I have no employment income but do have investment income. Can I withdraw funds from my 401k and use them to fund the HSA. In theory the funds are taxable (but...

Open | Answered 19 hours ago by 59er | Category: 401k | 34 Views | Answer Question Now
Hardship withdraw
Hardship withdraw

When i request for a hardship withdraw do they make the check out directly to me?

Open | Answered 5 days ago by LauraT2009 | Category: 401k | 267 Views | Answer Question Now
Do i have to be employed on the last day of the plan year to be credited with the employer contribution for that year?
Do i have to be employed on the last day of the plan year to be credited with the employer contribution for that year?

Do i have to be employed on the last day of the plan year to be credited with the employer contribution for that year?

Open | Answered 6 days ago by darlemull | Category: 401k | 26 Views | Answer Question Now
I was recently laid off.  If I cash out my 401K to survive, will it affect my unemployment insurance
I was recently laid off. If I cash out my 401K to survive, will it affect my unemployment insurance

My unemployment does not cover my monthly expenses. If I cash out my 401k will it affect my unemployment benefits

Open | Answered 6 days ago by LauraT2009 | Category: 401k | 225 Views | Answer Question Now
Can I use part of my 401 K to invest in a company which is and LLC?
Can I use part of my 401 K to invest in a company which is and LLC?

Currently I manage my 401K and is invested in sevral diferrent funds.

Open | Answered 7 days ago by sabrownell | Category: 401k | 153 Views | Answer Question Now
Early withdrawal to invest in my business
Early withdrawal to invest in my business

What options are available for early withdrawal of funds from a 401k account? I am 49. What are the consequences of taking out about $5000 or $10,000 or all of the amount in the account (was about $13,000) to...

Open | Answered 7 days ago by sabrownell | Category: 401k | 139 Views | Answer Question Now
401k to buy business
401k to buy business

At the end of 2006, my husband borrowed half his 401 to buy a business. He had since been laid off from the job that provided the 401k. now we owe the Irs the penalty. Since it was used to buy a business can they...

Open | Answered 7 days ago by sabrownell | Category: 401k | 107 Views | Answer Question Now
If I draw all of my 401K out at the age of 62, also I was laid off from my job does that effect my unemployment?
If I draw all of my 401K out at the age of 62, also I was laid off from my job does that effect my unemployment?

Wondering if I take out my 401K at the age of 62, and was laid off from my job in October will that affect my unemployment checks?

Open | Answered 11 days ago by BoatBug621 | Category: 401k | 66 Views | Answer Question Now
I'm trying to locate my 401k from years ago.I worked @ walmart
I'm trying to locate my 401k from years ago.I worked @ walmart

I was deducted funds every paycheck and I also got statements years ago. I don't remember the company name of the 401k?

Open | Answered 11 days ago by davido84 | Category: 401k | 34 Views | Answer Question Now
I want to withdraw about 50,000 from 401k i am 59 1/2 this would to pay off credit card debt pre-need for my mother and help
I want to withdraw about 50,000 from 401k i am 59 1/2 this would to pay off credit card debt pre-need for my mother and help

I am 591/2 and i want to withdraw 50,000 from my 401k to pay off credit cards debt,pre-need funeral for my mother help my sister pay her mortgage b4 she losses her home. how much income tax would i have to pay...

Open | Answered 12 days ago by darlemull | Category: 401k | 31 Views | Answer Question Now
401K reduction of wages
401K reduction of wages

Question: In the past the 401K contribution reduced all taxable wages dollar for dollar except OASDI and FICA. Is this still the correct statement. Thank You Geoff Rabjohn

Open | Answered 14 days ago by mactiti | Category: 401k | 289 Views | Answer Question Now
401k
401k

We borrowed against our 401K a few years ago and are making monthly payments back into the account. We would like to stop payments what do we need to do and what happens next?

Open | Answered 15 days ago by darlemull | Category: 401k | 131 Views | Answer Question Now
401k laws
401k laws

How long does an employer have to deposit 401k dollars from you check into your 401k plan? are there any penalties?

Open | Answered 15 days ago by darlemull | Category: 401k | 468 Views | Answer Question Now
I am 66 years old and living and working in FL. My question is this: If I withdrawal funds now will I be penalized?
I am 66 years old and living and working in FL. My question is this: If I withdrawal funds now will I be penalized?

Though I am beyond retirement age and still working, will I be penalized for any type of withdrawal i.e. loan, et al?

Open | Answered 15 days ago by Reader | Category: 401k | 20 Views | Answer Question Now
401k
401k

Being laid off- Can I put my 401k in my spouse's name with insurance company without drawing anything out and enroll that 401k with my spouse's place of employment

Open | Answered 18 days ago by darlemull | Category: 401k | 19 Views | Answer Question Now
401-k loan default
401-k loan default

I took a loan out of my 401-k inMay of 2008.Imade payments till October when i went on dissability. Now loan in default and i never planed for any of tnis. I was approved for Social Security since April 2009. Any...

Open | Answered 20 days ago by davido84 | Category: 401k | 31 Views | Answer Question Now
Being unemployed i receive unemployment. I cashed my 401k out do i have to report that to the unemployment commision
Being unemployed i receive unemployment. I cashed my 401k out do i have to report that to the unemployment commision

I file my weekly certifiation every week for being unemployed , I just got money out of my 401k I had left in there. Do I have to report this ?

Open | Answered 22 days ago by bleumonday76 | Category: 401k | 420 Views | Answer Question Now
Is cosmetic surgery an eligible 401(k) hardship withdrawal medical expense?
Is cosmetic surgery an eligible 401(k) hardship withdrawal medical expense?

A participant has requested a hardship withdrawal for cosmetic surgery related to facial cancer. Is this an eligible medical expense for a hardship withdrawal?

Open | Answered 25 days ago by Reader | Category: 401k | 67 Views | Answer Question Now
Ira distributions and repayment after age 59.5
Ira distributions and repayment after age 59.5

I am 61 and fully employed. Earlier this yr i took a 50K distribution from my IRA. I realize there is no penalty and that the distribution is taxable as regular income. My question is whether i can repay all...

Open | Answered 25 days ago by Reader | Category: 401k | 87 Views | Answer Question Now
401k loan
401k loan

I am 66 years old but still working full time. I am planning to get a loan from my 401k. My question is, do I have to pay back the loan, or am I allowed to get a partial amount without paying it back?

Open | Answered 25 days ago by darlemull | Category: 401k | 50 Views | Answer Question Now
Can I withdraw money from my 401 without the 10% early withdrawal penalty to pay my house off?
Can I withdraw money from my 401 without the 10% early withdrawal penalty to pay my house off?

I was permanently laid off this week. I am age 52 and my 401 is a company one at John Hancock. It is all my money. There was no company match. This would be considered a hardship with my loss of wages.

Open | Answered 28 days ago by darlemull | Category: 401k | 259 Views | Answer Question Now
Once a 401K loan has been given, can they "default" and demand payment?
Once a 401K loan has been given, can they "default" and demand payment?

I took out a 401K loan about 30 days ago and now they are stating they should not have approved it because I have more than one outstanding loan and their policy is to allow only two loans at a time. They are...

Open | Answered 28 days ago by darlemull | Category: 401k | 124 Views | Answer Question Now
What is a 401C plan and how do they differ from 401K and 403B plans?
What is a 401C plan and how do they differ from 401K and 403B plans?

What is a 401C plan and how do they differ from 401K and 403B plans?

Open | Answered 29 days ago by iedwards | Category: 401k | 592 Views | Answer Question Now
401k and education
401k and education

If i use my 401k to pay for my daughters college expenses will I have to pay the 10% penalty

Open | Answered 31 days ago by darlemull | Category: 401k | 39 Views | Answer Question Now
Early retirement withdrawal
Early retirement withdrawal

I'm not sure if my plan is a 401k. My employer contributes money each year, not me. I am having some serious job related problems. If I leave my job now, (I will be 59&1/2, in three weeks, is there a penalty...

Open | Answered 34 days ago by Reader | Category: 401k | 54 Views | Answer Question Now
Can i borrow money if i am in a chapter 13 bankruptcy
Can i borrow money if i am in a chapter 13 bankruptcy

Can i borrow money if i am in a chapter 13 bankruptcy

Open | Answered 34 days ago by LauraT2009 | Category: 401k | 230 Views | Answer Question Now
401K Loan
401K Loan

My position was abolished. I have a loan balance of approx $10,000.00. I wanted to rollover my 401K, but noticed that the loan balance is being taken away from my 401k balance. Should I roll over my 401K or...

Open | Answered 34 days ago by Reader | Category: 401k | 110 Views | Answer Question Now
401K early withdrawl
401K early withdrawl

I am in need of some cash. I cannot do a hardship withdrawl as I do not meet the requirments. I already have a small loan out on it (that I have enough in the account to cover) so I cannot take a loan. My company...

Open | Answered 35 days ago by darlemull | Category: 401k | 77 Views | Answer Question Now
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