05 Nov I lost my job but not from COVID. Will I pay a 401(k) penalty?
The CARES Act waived penalties for early retirement withdrawals. ...
04 Nov Will a 401(k) withdrawal hurt my unemployment benefits?
You don't want to take steps that will hurt your benefits. ...
03 Nov We’re separated. What happens if I take money from my 401(k)?
New Jersey considers all assets and debts before you get a divorce. ...
20 Oct My company went bankrupt. What happens to my 401(k)?
Your employer isn't the one who controls your 401(k) plan assets....
07 Oct Will my Social Security be lowered if I take from my 401(k)?
Social Security defines income in a way that could affect how benefits are taxed. ...
01 Oct I took money from my 401(k). Can I get back the taxes withheld?
You may have to wait until you file your tax return to reconcile the funds. ...
01 Oct Do I have to take money from my 401(k) or IRA in 2020?
The CARES Act allows you to skip your Required Minimum Distribution in 2020. ...
28 Sep If I take from my 401(k), what happens with state taxes?
New Jersey does not follow the helpful federal tax rules under the CARES Act. ...
16 Sep Will a 401(k) withdrawal put me in a higher tax bracket?
The CARES Act makes an early withdrawal from a retirement account a little less painful. ...
14 Sep What will this 401(k) withdrawal mean for my divorce?
Your 401(k) will probably be treated as a marital asset. ...