Get Answers About 401k

Just received money from my 401k from walmart. I have already done my 2009 taxes, do I report it this year,or next year?

Just received money from my 401k from walmart. I have already done my 2009 taxes, do I report it this year for 2009's taxes or next tax year for taxes in 2010? the check is dated february...2010

Answered 2/8/2010 3:18 PM | Answer This | 1 Answer | See Question

My husband worked at Coca Cola from 1999 to 2001 and we want to find out if he has any money in his 401k, but he doesnt have ...

My husband worked at Coca Cola from 1999 to 2001 and we are trying to find out what 401K plan/company they have so he can withdraw the money. The problem is he didnt save any paperwork from this retirement plan...

Asked 2/8/2010 1:03 PM | Answer This | 0 Answers | See Question

If a company closes down what happens to outstanding 401k loans?

I had a loan from my 401k plan. The company closed theirs doors and shut down the 401k. I rolled over the 401k to a new company, I am being assessed with the outstanding loan as income. Is there anything that...

Answered 2/8/2010 10:53 AM | Answer This | 3 Answers | See Question

What is a 401K?

Is it for retirement?

Answered 2/8/2010 10:37 AM | Answer This | 1 Answer | See Question

How much will i owe in taxes for receipt of 401k money

I received my father's 401k after his recent death. i needed the money for payment for a house so withdrew 75000 for purchase towards the house. how will this affect my federal and stae taxes? our combined...

Answered 2/7/2010 | Answer This | 1 Answer | See Question

Can I deduct the amount that I had contributed to my employers 401k plan?

I have two jobs with 401k plans. Can I deduct the amount of money that I have contributed during 2009 to my employers 401k plans?

Answered 2/7/2010 | Answer This | 1 Answer | See Question

I am 60 and I want to pay off my mortgage with 401Kyes or no?

I am 60 years old, 401 K is demenishin rapidly. Should I pay off home loan befoe 401 is depleted.

Answered 2/7/2010 | Answer This | 2 Answers | See Question

Can you take out a loan so long as your current.

I have $10,644 in 401k. I paid off a loan of $1,875 that I borrowed from 401k. Question I want to take out another loan I'm with TRowe Price. I work for westlake. There is a rumor that to many people were...

Answered 2/6/2010 | Answer This | 3 Answers | See Question

Can I avoid 10% penalty on 401k loan considered an early withdrawal when company shut down?

I had taken out a 401k loan a couple years ago and was repaying systematically. In January 2009, my company was sold and went out of business and the 401k program was terminated and accounts rolled over into personal...

Answered 2/6/2010 | Answer This | 2 Answers | See Question

I will be 70 1/2 by the end of this year. I am still fully employed and contributing to my 401k. I realize that I have to sta...

I will be 70 1/2 by the end of this year. I am still fully employed and contributing to my 401k. I understand that I must start taking distributions when I reach 70 1/2. But is it mandatory that I must no longer...

Asked 2/5/2010 | Answer This | 0 Answers | See Question