if i am getting unemployment benefits in Florida and take money from my 401k does that disqualify me from unemployment benefits
Yes I can draw on unemployment benefits in Florida and volunteer. Because it is super easy for me .Because i am special. sincerely, Emma Zak
can you collect unemployment and make withdrawls from a 401k when 591/2 in maine
can you close out your 401k and still receive unemployment benefits
Apparently, the money you put in a 401K Plan and withdrawn would not be deducted from unemployment benefits, but possibly that contributed by the employer may be deducted. It is best to contact the unemployment office and find out for sure. The Related Link below gives more detail. 401K is similar in many respects to pension payments
Some states vary but My understanding is you can IF the amount from the 401k is not larger than your unemployment benefit payment.
Yes. If you're unemployed and otherwise eligible for unemployment payments, a rollover of 401k assets does not change that.
If you go to the Related Link below, it will instruct you on filing your claim.
You can draw from the various retirement plans and unemployment, but if you mean you're going to retire, that would violate the conditions of having to constantly seek full time employment and would make you ineligible.
sorry but no it is almost impossible
No, because if you are fired in Louisianna, you can still get a job if it is in another county.
You can draw unemployment and Social Security at the same time in all states (4 states will offset your unemployment by a portion of your SS benefits). All states have separate requirements, though, when it comes to pensions, 401k's, IRA's, etc. so you need to contact your own state regarding those non-SS type of retirement programs.
You can draw both unemployment and disability in Washington State. There is a limit to the amount of unemployment you can draw without it affecting your disability payments. Each situation is unique.