Ask Experts Questions for FREE Help !
Ask
    keithbullock's Avatar
    keithbullock Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 21, 2007, 12:10 PM
    401k withdrawal (how quick can I get it)
    In a tight spot and need some money, if I do an early withdrawal or take a loan from my 401k plan, does it have to come by mail or is there a more quick way?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Oct 22, 2007, 07:20 AM
    Talk to your plan administrator and see if there are other options (i.e, direct deposit into your bank account).

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

401k withdrawal [ 3 Answers ]

How much income tax would I have to pay on $5000.00

401K withdrawal [ 1 Answers ]

My husband took an early withdraw from his 401K for personal reasons, they took only 10% taxes off before we received it, we claimed it on our 2005 tax return as income from the 1099R and paid an additional 10% tax, now we receive a notice telling us we should have paid an additional 10%? Also, is...

401K withdrawal [ 1 Answers ]

I'm wondering what the penalties are for withdrawing from a 401k early? :( :confused:

Hardship withdrawal for early withdrawal of 401K [ 0 Answers ]

I am, 56 years old, live in the State of Florida, and just lost my job. I have a small 401K ($6,000) with this company and want to withdraw all of it and put it in a savings account to help tide me over until I find another job. I know I will be charged a 10% early withdrawal fee, and I also...

401K Withdrawal [ 1 Answers ]

Ok I'm in a place I need money but have no job and don't know what I am doing in trying to get some money to put on a apartment with a friend and I need to know how to do a draw from the 401k for a start to a new life.


View more questions Search