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Apparently, the money you put in a 401K Plan and withdrawn would not be deducted from unemployment benefits, but possibly that contributed by the employer may be deducted. It is best to contact the unemployment office and find out for sure. The Related Link below gives more detail. 401K is similar in many respects to pension payments

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15y ago

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If you receiving social security and are fired can you receive unemployment benefits?

If you are already receiving social security and are fired can you receive unemployment benefits?


If you are currently receiving unemployment benefits in the state of California and decide to apply for Social Security benefits will your California unemployment benefits be reduced?

No. They are independent and separate programs.


I was just lay off, not reason was given. It was a parttime job. I do receive social security. If I file for unemployment, what will happen to my social security?

In most states, California included, you can receive unemployment benefits while still receiving your full Social Security benefits.


Can you receive unemployment benefits if you move from California to Colorado?

yes


Can you receive unemployment benefits from California if you live in Arizona?

Only if you qualify for California's unemployment and satisfy their requirements for being out-of-state.


Can you receive unemployment benefits if your americorps?

no, because AmeriCorps members are not technically employees, they are volunteers. they receive a stipend, but that is not considered a salary or a wage.


Can I receive CT unemployment if I receive a pension?

In Connecticut, receiving a pension can affect your eligibility for unemployment benefits. If your pension is from a previous employer, it may not disqualify you from receiving unemployment, but it could reduce the amount of benefits you receive. It's important to report any pension income when applying for unemployment, as the Connecticut Department of Labor will consider it when determining your benefit amount. For specific guidance, you should contact the Connecticut Department of Labor or consult their website.


What is the annual salary breakdown for the amount of unemployment benefits one can collect in Ca?

if you make 1200.00 a month take home what would you receive in unemployment benefits in California


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 still receiving child support while receiving unemployment?

Yes, you are still entitled to receive child support even if you are receiving unemployment.


Will Social Security go down if you were on unemployment?

Not if you are already receiving Social Security. If you are still in your earning years, your ultimate benefits my reduce as they take the average of your last 40 quarters of earned income (which does not include unemployment benefits) to determine the benefits you receive.


Can you withdraw your 401k and receive unemployment benefits in California after 25 years of service?

Yes, you can withdraw your 401(k) after 25 years of service, but the withdrawal may be subject to taxes and penalties depending on your age and the circumstances. Receiving unemployment benefits in California is separate from your 401(k) withdrawal; you can qualify for unemployment benefits if you meet the state's eligibility requirements, such as being unemployed through no fault of your own. It's advisable to consult a financial advisor or tax professional to understand the implications of withdrawing your 401(k) while applying for unemployment benefits.