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Asked 12/10/2008
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Need to withdrowal money to pay property tax I owe back property tax can i withdrowal money from my 401k |
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I am executor of my mothers estate. my father died and left her with 400,000 in 401k and life ins. she bought a small house and was living well on this money until she met a man(he had just gotten out of prison) that talked her into selling her house and buying some land and horses. he never got a job....
The employee needs money. he is 40 years old. he asked for an in service withdrowal.
I pay my property tax separate from my mortgage,no escrow,iam 2 quarters behind in property taxes can this qualify for hardship.
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Am i responsible for my mothers back taxes and real estate property taxes I am executor of my mothers estate. my father died and left her with 400,000 in 401k and life... |
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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. |
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