Get Answers About 401k Rollover

What is the best way to rollover old Pera and TIA CREF accounts?

I have just started a ROTH IRA and I have some money left in my retirement accounts (one PERA and one TIA CREF) from when I worked for the state. Should I leave these accounts open and leave the money in them,...

Answered 11/28/2007 | Answer This | 1 Answer | See Question

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

401k contributions

How much can I contribute to my 401k and not be taxed.

Answered 12/28/2007 | Answer This | 2 Answers | 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

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

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

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

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

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

Can you average your income over several years

I cashed in a 401K becuase I lost my job. They did not withhold enough money and now I owe taxes. Can I average my income over several years to lower the amount I owe?

Answered 5/28/2008 | Answer This | 2 Answers | See Question

Probate from which state

My parents were killed in a rollover accident in which my sister was driving. They were residing in Texas, but were in the process of moving to Idaho. When they reached Idaho, that is when the accident occured....

Answered 7/5/2008 | Answer This | 2 Answers | See Question

Penalty for 401k loan

I toke money out of my 401k to get my first house and got a 1099 form and was told my H&R Block that i had a pentaly for doing that and now i owe 2000.00 Why i thought that it wasnt a pentalty for your first house.

Answered 12/28/2009 | Answer This | 1 Answer | See Question

Reporting monies received from 401K before 59 1/2

I have been out of work for over a year. I was in the hospital for almost 4 months. I needed to withdraw money from my 401K for medical purposes. I was told that if the money was used for medical that I would...

Answered 6/8/2008 | Answer This | 1 Answer | See Question

In Default On Payday Loans

I live in Colorado,and I'm in default on 9 payday loans.I paid the rollover fees (for 3 months) until I was no longer able to do so.I closed my bank account on the date that each loan was due,in order to avoid...

Answered 2/17/2010 | Answer This | 5 Answers | See Question

401k contribution

I am looking to buy a home in the next year or so and was wondering if I should contribute less to my 401k so that I would have more cash available for the down payment. I currently contribute the maximum pre-tax...

Answered 3/4/2008 | Answer This | 1 Answer | See Question

I have already filed my state and fed. taxes. Today i received a refund of $3019.00 from my company of my 401k pretax contrib...

How can I invest this so to avoid paying tax or refiling an ammended return? I make $100k a year and am under 50.

Answered 4/20/2009 | Answer This | 1 Answer | See Question

401k rollover?

I've been researching on my rollover options but have not come across a clear statement saying that I can rollover my 401k with my old employer to my new employer's 401k AND an IRA. Any reputable links...

Answered 6/1/2007 | View Answer | 4 Answers | See Question

401k rollover?

How long after, if your employer goes under, does a person have to rollover their 401K before any penalties are applied? Can a person just leave the money in the firm that is holding the 401k?

Answered 10/27/2007 | View Answer | 2 Answers | See Question

401k rollover?

I've got some funds (401k) in a company that I no longer work for. I was wondering if I can roll these funds into another 401k plan with my current employer without any penalties or taxes having to be paid....

Answered 10/16/2007 | View Answer | 6 Answers | See Question

401k rollover?

Does the company I work for have a legal right to keep my money in a old 401k even after the company sold to a larger company, the name has changed somewhat and the new owners have there own company 401k for us?...

Answered 11/27/2007 | View Answer | 6 Answers | See Question

401k rollover ?

I rolled my 401k from an old job into a IRA. It's been almost it's 3 yrs., can I now put that in a CD without a penalty?? I'm 47 and just want the $$ to make as much as possible in interest. I don't...

Answered 7/17/2007 | View Answer | 2 Answers | See Question

401k rollover?

Hello, I am getting a new job in two weeks and there 401k doesnt start for a year. I have one set up with my old job and would like to roll it into an ing direct mutual fund. Do you think thats a good idea or is...

Answered 5/20/2008 | View Answer | 7 Answers | See Question

What should i rollover my 401k into?

I’d like your suggestions on how I should handle my 401k rollover. Some background info: I’m 23 years old and I left a company (I had worked there for a year) at the end of October. My 401k had a balance of about...

Answered 12/18/2007 | View Answer | 5 Answers | See Question

401k rollover to roth ira?

if someone wants to roll overtheir 401k into a roth ira? if someone wants to rollover their 401k into a roth ira their pretaxed 401k money will have to be turned into after taxed money durring the rollover to...

Answered 4/21/2007 | View Answer | 4 Answers | See Question

401k rollover loss?

I rolled over a 401k from a former employer to my IRA in 2006. The 401k was a straight stock purchase plan, w/o any employer contribution. I had invested about $6000 in the plan, and when I did the rollover,...

Answered 2/19/2007 | View Answer | 4 Answers | See Question

401k- rollover or withdrawal?

I just recently got laid off from my job of 6 years. I invested in the companies 401K program and I see I have a nice amount saved in my 401k account. Since I am no longer an employee what should I do with this...

Answered 11/15/2007 | View Answer | 7 Answers | See Question