401(k) Frequently Asked Questions


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General Bullet.gif (834 bytes)When can I take money out of my 401(k) account?
Tax Bullet.gif (834 bytes)What is the penalty if I take money out of my 401(k) before I'm 591/2?
Eligibility Bullet.gif (834 bytes)How is the 10% penalty tax calculated?
Distributions Bullet.gif (834 bytes)What if I need money in an emergency?  Can I take out a loan?
Contributions Bullet.gif (834 bytes)Under what circumstances can an individual begin to receive distributions from a 401(k) or qualified savings plan before age 59 1/2?
Terms Bullet.gif (834 bytes)What happens if I inherit someone else's 401(k) account?
Investment Bullet.gif (834 bytes)When am I required to start withdrawing money from my 401(k) account?  When do I have to close it?
401k Forum Bullet.gif (834 bytes)Is it a good idea to take out a loan on my 401(k)?

 

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