how many times can you withdraw from 401k in one year?

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how many times can you withdraw from 401k in one year?

2007-12-01 06:25:55 · 3 answers · asked by Ebony D 1 in Business & Finance ➔ Personal Finance

3 answers

if you plan allows withdraws i guess until the plan doe not have any more money left!!!

2007-12-05 04:07:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Your plan may limit the number of withdrawals. From a tax standpoint, its the total for the year that matters, not the withdrawal increments.

2007-12-01 15:41:04 · answer #2 · answered by npk 7 · 0⤊ 0⤋

Check with your plan administrator. Different plans can have different rules.

Most plans allow loans. Most do not allow actual withdrawals if you are still employed by the company.

2007-12-01 14:30:34 · answer #3 · answered by Judy 7 · 0⤊ 0⤋