What is a Profit Sharing Entitlement Withdrawal from a 401k?


Posted March 19th, 2009 by admin 1 Comment »
401k
Jennifer P asked:


On my employer’s 401k website under Loans/Withdrawals it lists an amount for me that I can access. Can I just withdraw the $ and not be taxed or penalized?

What happens to 401k loans when you change jobs?


Posted January 28th, 2009 by admin 4 Comments »
401k
Flying J asked:


If I am planning to leave my job in the near future and I have 30k in my 401k and approx. 12k in loans, how will the loans be repaid? Do I pay the taxes at year end? Also what if I decided to cash out the rest?