Indiana: If I withdrawal my 401k will my employmentbe denied?
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Indiana: If I withdrawal my 401k will my employmentbe denied?
I am currently collecting unemployment from Indiana. If I withdrawal my 401k will they stop my unemployment?
Asked on June 21, 2009 under Employment Labor Law, Indiana
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
I believe I have answered this question before. Your 401k is your retirement account -- this is not your salary, which is what unemployment is temporarily supposed to replace. But to make sure, you should visit the Indiana Dept of Labor's website and make an inquiry.
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