Can I Draw Unemployment An Take Out My 401k, Due To Plant Closing?
My plant is closing, I'm going in file for unemployment. An I'm taking my 401k an getting it out an paying off some of my bills, will taking out my 401k , cancel my unemployment
Guest
asked 2 years ago
3 Answers - Sort by: Date | Rating
You can withdraw your 401 but there will be penalties. It should not affect your unemployment benefits. It doesn't matter how much money you have in the bank when you lose your job due to a job close down.
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I know this was a year ago but did the 401k distribution affect your unemployment benefits?
Guest
answered 9 months ago
Can I draw unemployment if my plant closes while I am out on medical leave and I have not returned
0
0
Guest
answered 8 months ago
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