What are you possibly trying to say? (Your 401k is exempt from seizure and process in BK you know).
I would think that if you have a 401k through your job then you should be able to talk to ur supervisor at work. If you have been putting money in a 401k on your own, well it depends on where you have your 401k through. Just say your 401k is at a local bank then that would be where you want to go and talk to one of the supervisors about your 401k. If your 401k is through someone else then you will need to talk to one of those people so on and so forth.
Yes, withdrawals from a traditional 401(k) are generally subject to income tax, including if the funds are used to pay off a mortgage in retirement. It's essential to consider the tax implications and potential penalties of withdrawing from your 401(k) before making any decisions.
Try this website:http://www.fundadvice.com/401k-help/401k-plans/401k-safeway.html
She meant to say 401K (a retirement package).
The 401k is not taxed but the Roth 401k will be best in the long run as the money you get out wont be taxed then.
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