Welcome! | Ask A Question
Asked 12/9/2008
|
Under president elect Obama, are we going to be able to make a withdrawl with out being penalized? Are they still penalizing people for any early withdrawl from their 401K plan? |
Type your Answer in the box below and post your answer.
Our old plan allowed us to make loans againist our account, now they have made changes to were employee's are not able to do so. none of our employee's received notice of the changes. several of us wanted to withdrawl from the plan and place our money into a 401k through our financlal institution....
Plan 1:i took a $16000 loan on my previous employeers 401k plan. i will be penalized 10% + the early withdrawl tax. plan 2: i lost $16,000 form a self directed ira. q. can i write off the loss from plan #2 to pay the taxes on plan #1? thank you,
Is this legal?
|
How can an employer change the plan regulations without the employee's consent? Our old plan allowed us to make loans againist our account, now they have made changes to... |
|
I have 2 different 401k plans. Plan 1:i took a $16000 loan on my previous employeers 401k plan. i will be penalized 10% +... |
|
Is this legal? |
|
Rules for using 401k withdrawl for downpayment on home Is there special tax exempeions if using the withdrawl for down payment on house? |
|
Is there special tax exemptions if using the withdrawl for down payment on house? I used my 401k for a downpayme nt and moved in to my new house the 1099 never made it to the... |
|
Can i withdrawl my 401k and still be employed by my employer? I want to withdrawl my 401k because it bit worth having it, i have to much taken out of my... |

Ask A Question
Ask a new question about
401k: