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What else can I help you with?
Can a judgment be taken from your 401K account in Texas if that is all you have?
Generally speaking, 401k's are protected from judgements.
Is a 401k contribution taken from gross income or net income?
A 401k contribution is typically taken from gross income before taxes are deducted, which means it is taken from your pre-tax income.
How to finds 401k funds owed to me?
money was taken out for 401k years ago from my pay checks how can I fine it
I my divorce decree I get half of my ex's 401k can I use any of that money to pay bills with out a penality or tax against me?
No. You won't be able to use it for bills without having to pay 20% in taxes. Usually the 20% in taxes is taken out before you get your money. For example if you are to get $100k from your ex's 401k you will only receive $80k. The only way to keep from having to pay taxes on it is to roll it over into an approved retirement fund.
What is another name for the solo 401k?
401k is a pension plan in USA which is tax identified. The name is taken after subsection 401k of internal revenue code. Each year there is a contribution limit.
Can you collect unpaid child support from a 401K plan?
As an asset, it can be attached, even in cases of retroactive support for a child the man never knew existed.
Is a 401k contribution made before or after tax?
A 401k contribution is typically made before tax, meaning the money is taken out of your paycheck before taxes are deducted.
Is the 401k match based on gross or net income?
The 401k match is typically based on your gross income, which is your income before taxes and other deductions are taken out.
Is a 401k contribution made after tax or before tax?
A 401k contribution is typically made before tax, meaning the money is deducted from your paycheck before taxes are taken out.
Can you keep your 401k if you file for bankruptcy?
Absolutely...it is always exempt from seizure or use and will NOT be taken.
Under what conditions can I withdraw money from my 401K plan without paying a penalty?
Very limited conditions. If you're under 59 years old, you can only withdraw limited funds to prevent hardship at home, get advanced education, or pay some medical bills.
Do you have to file taxes paid on a 401k if you have no wages?
did you cash in the 401k? taxes would already be taken out if so. but you do have to do it again when tax season comes about. they won't make you pay more but you have to show it
