Get Answers About 401 K

401 k plan

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...

Answered 8/26/2009 | Answer This | 1 Answer | See Question

How much to cash out my 401 K?

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...

Answered 7/26/2009 | Answer This | 2 Answers | See Question

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.

Answered 11/13/2009 | Answer This | 3 Answers | See Question

I AM on Li visa and a member of 401 K for last 15 months and now I am getting back to my country of origin What is the best

My deposits with the 401 K for last 15 monthsamount to about $30.000 and i am going to be 65 years on 1st Sep 08 You may pl advise the best course of action for getting maximum benifit out of this scheme. My L-I...

Asked 6/2/2008 | Answer This | 0 Answers | See Question

I AM on Li visa and a member of 401 K for last 15 months and now I am getting back to my country of origin What is the best

My deposits with the 401 K for last 15 monthsamount to about $30.000 and i am going to be 65 years on 1st Sep 08 You may pl advise the best course of action for getting maximum benifit out of this scheme. My L-I...

Asked 6/2/2008 | Answer This | 0 Answers | See Question

Husband and i are the beneficiary for our sons 401 k what taxes do we have to pay for this we live in ca.

My husband and I are the beneficiary for our youngest sons 401k , what taxes do we have to pay on this,we line in ca,

Asked 6/6/2008 | Answer This | 0 Answers | See Question

I am 61 years old and i want to withdraw my all of my 401 k from a past employer.

Will i have to pay the 10% penalty if i don't roll it over to a new ira plan. What if i need the $ now to fix up my home to sell it?

Asked 6/11/2008 | Answer This | 0 Answers | See Question

Can an employee withdraw his money from 401 K before age 59.5?

The employee needs money. He is 40 years old. He asked for an in service withdrowal.

Asked 8/8/2008 | Answer This | 0 Answers | See Question

. I am 55 years old . I wnat to cash out my 401k. I have 52,ooo in it. What will be my total after taxes nas penalties

I am levaing my present job to move south i will need to cash out my 401 k of 52.000 for leaving expenses etc. I am 55 years old. What will be my appoximate total take after taxes and penalties

Asked 8/20/2008 | Answer This | 0 Answers | See Question

How do i find my 401 k from previous employer that went out of business?

How do i find my 401K from previous employer that went out of business?

Answered 9/24/2008 | Answer This | 1 Answer | See Question

Traditionarl 401k or roth 401(k)?

I'm 23, just finished college and started working. My employer offers a 401k or a Roth 401 (k) plan and I don't know which way to go. I'm thinking about going with the Roth, because I plan on making...

Answered 11/13/2007 | View Answer | 5 Answers | See Question

401 k lump sum payout. worked/lived in md, then moved to va. is 401k taxed for state as well as fed?

Last year I lived in MD and had a 401 k with my company. I then got a new job in May 2007 in VA so.... I quit my MD job, and moved to VA. Within a month (June) I decided to cash out that 401 k from my old company...

Answered 2/15/2008 | View Answer | 2 Answers | See Question

If my husband has a 401k at work and i am older and retire before he does,can some of the 401 k be taken?

Answered 10/8/2007 | View Answer | 3 Answers | See Question

Question about the solo 401 k retirement plan for self-employed?

I have run a consulting business full-time for the past five years. I now want to accept a great opportuntiy to take a full-time job that requires me to shut down my business. In fact, a client wants me to go with...

Answered 7/26/2007 | View Answer | 1 Answer | See Question

401(k) lump sum distribution state tax?

I am a full year resident of MA, I worked in RI for 5 years and when I left the job I cashed out my 401(k). Do I have to pay state taxes to RI for the 401k distribution ( I will be paying MA for it)

Answered 4/17/2007 | View Answer | 1 Answer | See Question

Can a 401(k) impact college financial aid?

I currently have a 529 plan through New York State for both of my children. I have a 403b (401k for non profit). I was thinking that I would love to start 401(k)'s for my children who are 2 and 4 years old....

Answered 6/7/2007 | View Answer | 2 Answers | See Question

401 k tax question?

I"m working on my income taxes and have two questions. First of all do I report the money in my current 401 k plan, if so where, i"m using 1040 A form ? Second question, I compeleted a 401k rollover from...

Answered 2/25/2007 | View Answer | 3 Answers | See Question

About 401 k?

i worked for this company almost 2 years and they put 50 cents an hour into my 401 k . so i worked about 50 to 60 hours a week for the last two years and a few days ago i called that company to check my balance...

Answered 4/2/2007 | View Answer | 5 Answers | See Question

Max out 401(k), or add in index funds?

Assume a situation where a mid 30's adult can invest 15% of their yearly salary. They work for a company who's match for 401k is 6%. Assuming the individual is not eligible to contribute to a Roth IRA,...

Answered 2/5/2008 | View Answer | 3 Answers | See Question

Wtf is happening to my 401 k?

I have about $25,000 in my 401K, but my balance dropped by over a thousand last month. What should I do? Should I stop putting money in my 401 K until when the 'recession' is over?

Answered 1/21/2008 | View Answer | 7 Answers | See Question