ANSWERS: 4
  • Find out how you can maintain the same 401K even after she leaves the company.
  • This does stink but to avoid paying taxes at the end of the year have the 10% tax pentalty withheld as well as the amount of taxes that the amount will put you in that tax bracket such as 28%. So actully have 38% withheld for federal taxes.
  • you can possibly delay the rollover to the new company until the loan is paid off. there is no rule saying you have to move the money.
  • The best way to find out what is going to happen with her 401K/loan is to read the original documents. It is all spelled out there.

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