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If your state requires 401K payments figured in with your wages or income received during your benefits period, then yes, otherwise I think not.
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∙ 14y ago
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If over 60 can you get unemployment while getting 401k payment?
Some states vary but My understanding is you can IF the amount from the 401k is not larger than your unemployment benefit payment.
Will 401k distribution affect unemployment insurance in CT?
To the extent that your 401k distribution includes Employer contributions, a percentage of the distribution would be used to offset your unemployment benefit. If there are no Employer contributions there would be no effect on your benefits.
Can I use a monthly payment calculator to figure out how my employer determines my monthly 401k deduction?
You can use a monthly payment calculator to figure out how your employer determines your monthly 401K deduction. A good site that has a calculator is labpixie.
Can you receive unemployment benefits while receiving 401k benefits in Texas?
Yes, but it is possible that Texas MAY deduct from your unemployment benefits that portion of your 401k that was contributed by the employer. Check the Related Link below and the Texas 'office to determine their criteria.
Can you withdraw from your 401k and received unemployment benefits in Arkansas?
Pension or 401K payments: Payments from a 401K or other pension plan, will not affect your unemployment benefits if:you are subject to a penalty for early withdrawal;you roll all of it into another retirement fund without taking a payment; or,the payment is from a fund that none of your base period employers paid into (in other words, it is a pension from a former employer that has not paid you any wages in the past 15-18 months). If you retire from your base period employer, your monthly payments will reduce your unemployment benefits dollar for dollar. Example: Pension of $433 per month = $100 per week. UI benefits reduced $100 per week.http://www.uimn.org/ui/other.htm
Can I use a montly payment calculator to figure out how my employeer determines my monthly 401k deduction?
You can use a monthly payment calculator to figure out how your employer determines your monthly 401K deduction. A good site that has a calculator is labpixie.
Can you draw 401k and unemployment in Florida?
if i am getting unemployment benefits in florida and take money from my 401k does that disqualify me from unemployment benefits
Can you roll a previous employer's 401K into a new employers 401K?
Yes. You can roll a previous employer's 401k balance into a new employer's 401k. You can also roll a previous employer's 401k balance into an individual retirement account (IRA) if you wish to maintain control over the investments.
What to do with 401k after layoff collecting unemployment?
can you collect unemployment and make withdrawls from a 401k when 591/2 in maine
What happens to your 401K when you leave your employer?
You own your 401k so when you leave your employer you still own your 401k. You can either leave it where it is or you can move it to which ever company manages the 401k investments for your new employer. how do i git access to my 401k from this company so i can transfer or cash it in.
How can i get my 401k info from an employer?
Your employer should have their records electronically stored. The 401K is usually with a separate company anyhow. You will need to find out who sponsors your 401k and their contact information. Your employer will have access to this.
Can you close your 401k?
can you close out your 401k and still receive unemployment benefits
