Welcome! | Ask A Question
Asked 5/23/2009
|
How much will I be taxed if I take out my 401K? How much will I be taxed if I cash in my 401K? I have about $30,000 in it. I have to do many home improvements and need the money but also want to make a smart decision that won't hurt me later. |
Answer 1/1 - Submitted 5/25/2009
Type your Answer in the box below and post your answer.
Laid of from my employer and would like to withdraw my 401k i realize i will pay a penalty plus have taxes withheld i have a loan against by 401k will this loand be penalized and taxed also.
Is my 401k taxed if i am over 59 1/2 and withdrawing money from my 401k? if taxed, at what percent? thank you
I recently enrolled in a 401k plan. i put $25.00 in each pay period, but only $22.93 is actually being processed. i thought my money would not get taxed until i pulled it out. also, my employer has the right not to match except once a year? ( the total amount for the year)
|
Laid of from my employer and would like to withdraw my 401k i realize i will pay a penalty... |
|
Is my 401k taxed if i'm over 591/2 and withdrawing money from my 401k? if taxed, at what percent? Is my 401k taxed if i am over 59 1/2 and withdrawing money from my 401k? if taxed, at what... |
|
The money that i put into a 401k is being taxed? I recently enrolled in a 401k plan. i put $25.00 in each pay period, but only $22.93 is actually... |
|
401k to pay off bills - where can i put the difference and not taxed? I am 60 years old and looking for a new job. i know i am not going to make the same salary... |
|
My husband has a 401k plan at work but the employer doesn't match so it isn't growing... |
|
Which is better, a roth 401k or a regular 401k? I know the difference between the two is whether it is taxed now or upon cashing it in. what... |

Ask A Question
Ask a new question about
401k: