29 Dec How can I get back a penalty taken for 401(k) withdrawal? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes The CARES Act allowed for penalty-free retirement account withdrawals. ... Read More
23 Dec Can I take from my 401(k) to fix up my house? Posted at 06:02h in Ask NJMoneyHelp, Retirement If you're over age 59 1/2, early withdrawal penalties won't apply. ... Read More
25 Nov What’s the truth about penalties and taxes for a 401(k) withdrawal? Posted at 06:02h in Ask NJMoneyHelp, Retirement You may be able to avoid penalties for a coronavirus-related distribution. ... Read More
19 Nov What happens to my 401(k) loan now that I left my job? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes Loans from a 401(k) usually have to be repaid if you leave your job. ... Read More
14 Oct Will the IRS know if I’m truthful about early 401(k) withdrawals? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Early withdrawals under the CARES Act must be for a COVID-19 reason. ... Read More
07 Oct Will my Social Security be lowered if I take from my 401(k)? Posted at 06:02h in Ask NJMoneyHelp, Retirement Social Security defines income in a way that could affect how benefits are taxed. ... Read More
28 Jul What happens to 401(k) withdrawals under the CARES Act? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes The CARES Act helps eliminate penalties for certain withdrawals. ... Read More
10 Jan How to raid your nest egg without penalties Posted at 06:07h in Ask NJMoneyHelp, Retirement, Taxes If you need to tap your retirement savings early. ... Read More