What are the 401k tax Implications?
Posted in the Utica Forum
“How to take 401k loans”
Since: Mar 12
#1 Oct 9, 2012
I want to know about the 401k tax implications.
#2 Oct 9, 2012
In what way? Early withdrawal, you will be responsible to the IRS and state for income tax not paid on the amount taken out. Unless the money is to stop a foreclosure of your home or to pay for a life threatening medical treatment. Each have their own rules. Speak with your HR person
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