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    jfpatte's Avatar
    jfpatte Posts: 2, Reputation: 1
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    #1

    Jun 17, 2009, 09:46 AM
    Accidental 401k Disbursement
    I switched jobs after a VERY short period and only had $2500 in my 401K plan. I didn't realize there was a time limit on when I could roll it over to my new job and recently got a check in the mail. Federal and state taxes were already taken out. Is there a way to re-invest in my new 401K without having to pay the 10% penalty? If so, do I have to re-pay the taxes that were already taken out as well?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Jun 17, 2009, 12:03 PM

    Please do not double post questions. You asked this same question in another forum, and the answer is here:
    https://www.askmehelpdesk.com/taxes/...al-366013.html

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