Welcome! | Ask A Question
Asked 2/22/2008
|
401k Withdrawl In 2007 I was laid off from my job. At the time I was laid off, I had an outstanding loan against my 401k, which was treated as an early withdrawl. I understand he penalities since I am not 59 1/2. But since I used part of used part of the money to pay for my education, can I deduct the amount that was paid for tuition? Does it have to be 7.5% of my AGI?
|
Type your Answer in the box below and post your answer.
Related Questions (Ask a New Question)
I want to withdrawl my 401k because it bit worth having it, i have to much taken out of my check. i'm a single mother with 3 kids.
I am 62 and had my employer help me fill out my 401k withdrawl paperwork. they checked the box to have the 10% penalty taking out. i did not realize this until i got my money and it was less than i thought it should be. can i get this money back and how do i do that.
I still owe about $7000 on a 401k loan. i'm 60 now and want to start withdrawing from my account. can i use a portion of the withdrawl to pay off the remainder of the loan?
|
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... |
|
How do i correct an error on my 401k withdrawl? I am 62 and had my employer help me fill out my 401k withdrawl paperwork. they checked the... |
|
Can a portion of 401k withdrawl be used to payoff a 401k loan? I still owe about $7000 on a 401k loan. i'm 60 now and want to start withdrawing from... |
|
Why does my ex-employer have to sign for me to withdrawl my 401k? I have worked for a dental practice for 2 doctors for the past 10 years. one of them is going... |
|
I quit my job and i need to withdrawl my 401k |
|
I lost my job and took an early withdrawl on my 401k. i know that it is taxed by the federal... |
Ask A Question
Ask a new question about
401k:
About
| Contact Us
| Membership Agreement
| Privacy Policy
| Site Map
| Advertise on this Site
Copyright © 401kQuestions.net 2012. All rights reserved.