Get Answers About 401k Retirement

Additional Income

I need to know if accept a payment from my after tax contributions out of my 401K, if it will cause me to pay taxes? The amount is $14,200 approx. how do I figure that out?

Answered 11/17/2008 | Answer This | 1 Answer | See Question

401K withdrawal

Can you withdraw funds from a 401K at any time due to a terminal illness?

Answered 10/13/2009 | Answer This | 2 Answers | See Question

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

Answered 11/6/2009 | Answer This | 1 Answer | See Question

Taxes and Penalties on 401k early withdrawal for new home

If I withdraw my 401k to purchase a house would I still be subjected to the 10% penalty and taxes or just taxes?

Answered 12/12/2009 | Answer This | 1 Answer | See Question

INCOME TAX NOT WITHHELD

I received a retro active retirement direct deposit into my checking account for $1,610.00 but no taxes were withheld so what percent or how much I should I hold out for Income Tax purposes when filing next year?

Answered 12/18/2007 | Answer This | 1 Answer | See Question

401K contribution

Do employers have to match 3% when the employee contributes 3% or more of their yearly income to their 401k?

Answered 12/28/2007 | Answer This | 1 Answer | See Question

Retirement

I make 50,000 yr-current I will need 25% after retirement to use I have 15yrs to work average annual interest rate for the investment 12% I plan on living at least 25 yrs after retirement What are...

Answered 5/26/2009 | Answer This | 1 Answer | See Question

Military disability check and retirement

My husband retired from the military Jan 07. He receives a monthly retirement check and he also receives a disability check, Which we were told is tax free. Is this true? and do I need to include this amount on...

Answered 4/7/2009 | Answer This | 7 Answers | See Question

401k early withdrawal

I withdrew my 401k earlier this year and took the early penalty and had income taxes withheld. How do I file this on my income tax for this year?

Answered 10/12/2009 | Answer This | 2 Answers | See Question

401k

How many years do I have to report 401k withdaw

Answered 1/2/2008 | Answer This | 1 Answer | See Question

Retirement loan default

A couple years ago I took out a loan on my retirement to restructure my finances ... I have been paying back roughly $160.0o per week .. now I find myself in the same boat . accumlitated debt and now my wife is...

Answered 1/7/2008 | Answer This | 1 Answer | See Question

401K

My husband has a 401K plan at work but the employer doesn't match so it isn't growing very fast. I know you get taxed if you withdraw this. My question is would you just stop contributing to the 401K...

Answered 8/30/2008 | Answer This | 2 Answers | See Question

Retirement Plan

We write checks from our checking account for retirement. In other word we are buy GE stock with already taxed money. We ran into some hard time and cashed in some of our stocks. We surely don't have to...

Answered 12/8/2008 | Answer This | 1 Answer | See Question

When do I stop filing taxes

If I only get social security and retirement disibility do I still need to file even though no federal taxes are being taken out of my check

Answered 1/24/2008 | Answer This | 2 Answers | See Question

Turbo tax deluxe

Can I use turbo tax deluxe version if I have a 401K, or do I need to get the premier version?

Answered 1/27/2008 | Answer This | 1 Answer | See Question

Mutual funds

I invested my retirement pension in MetLife in the year 2000. In November, I withdrew the amount left in the account, but I rolled it over into a Deferred account that I already had so it would draw more interest....

Answered 12/6/2009 | Answer This | 1 Answer | See Question

401K total distribution

I cashed in my 401K in 2007. I did have federal & state taxes withheld from it. I have received a form 1099-R. Where or how do I file for this on my 1040? The form 1099-R looks just like a W-2. It shows the gross...

Answered 1/31/2009 | Answer This | 1 Answer | See Question

Dispersement of deceased persons retirement funds.

Since my wife was her fathers beneficiary she received his final military retirement check after he died. This money was put in the estate and divided between three people, her included. She received a 1099 for...

Answered 2/5/2008 | Answer This | 2 Answers | See Question

When filing 'married filing seperately' is one spouse responsible for the taxes owed or filing errors of the other spouse?

I am currently seperated from my spoue. He has withdrawn a large amount of his retirement funds without having any taxes taken out of that money. He also has earned approx. $2,200 additional income that he tells...

Answered 2/6/2008 | Answer This | 1 Answer | See Question

401K early withdrawl

I lost my job and took an early withdrawl on my 401K. I know that it is taxed by the Federal Goverment along with a 10% charge unless used for medical reasons, but does the state of MI count that as taxable income?...

Answered 1/31/2009 | Answer This | 1 Answer | See Question

401k retirement?

i cashed out on my 401 earlier this year.i believe it was roughly 7000 dollars,of which either 20 or 25 percent was held back for taxes.can i file a return on this and get a refund,and if so what would be a rough...

Answered 1/4/2008 | View Answer | 3 Answers | See Question

401k & retirement investments?

I heard Suze Orman talking on one of her shows one time about using after TAX $ dollors for retirement rather than the pre-tax 401k retirement plans because of how the taxes could be later on in life, does anyone...

Answered 1/14/2007 | View Answer | 3 Answers | See Question

Need ph# retirement 401k hfhi habitat for humanity?

My g/f is a former HFHI employee who contributed to the retirement 401k program. Yet, we seem to have lost the paperwork in the move. We need the name of the 401k and a phone # so we can withdraw the money. Thanks...

Answered 11/2/2007 | View Answer | 2 Answers | See Question

Investing for retirement? 401k?

I would like to start savig with the 401K plan, i'm new on this so if you could answer the following questions I would appreciate it. I'm 25 years old, my yearly income is 35,000 1)How much is good to put...

Answered 2/13/2008 | View Answer | 8 Answers | See Question

Need legal advise about ex-husbands 401k / retirement money !?

Asking for my mom... She was married 21 years and in the divorce she was awarded 1/2 his 401K / Retirement money for the years they were married. Now she wants to find out how much he has. He said that there is...

Answered 8/6/2007 | View Answer | 6 Answers | See Question

What happens to retirement 401k if fired/?

Do i still keep it or is it cancelled or what/ Or what if i plan to leave a job after areasonable amount of years would it make sense to invest in 401k?

Answered 1/13/2008 | View Answer | 12 Answers | See Question

I am trying to find information on my 401k retirement plan?

i want to know how much i will receive after i have stopped my 401k

Answered 11/3/2006 | View Answer | 3 Answers | See Question

How do i calculate earned interest for each month for a 401k retirement plan?

This is for a project for my Economics class, and I've used as many resources as I can to find this... and I'm stuck. The hypothetical situation below explains what I'm supposed to do: After initially...

Answered 4/7/2007 | View Answer | 5 Answers | See Question

Retirement? 401k? roth ira? traditional ira?

help...what does it all mean? I'm in my early twenties and would like to start some kind of retirement savings BUT I don't work for an actual COMPANY so what are my savings options, indepedently? any help...

Answered 12/27/2006 | View Answer | 7 Answers | See Question

I have fidelity 401k retirement account.what should i invest in?

31 years to retirement, 200% match up to 5% of salary. What is the best way to retire wealthy?

Answered 12/22/2006 | View Answer | 14 Answers | See Question