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Megan C
Megan C, Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16544
Experience:  Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level
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i am unemployed and i with drew my 401k, dose it effect my

This answer was rated:

i am unemployed and i with drew my 401k, dose it effect my edd

MyVirtualCPA :

Thanks for your question, and thanks for using JustANswer.com

MyVirtualCPA :

You taking funds out of your 401(k) will NOT impact your EDD.

MyVirtualCPA :

Your 401(k) is not considered earned income, and therefore your benefits will not be impacted

Customer:

thanks thats all i wanted to know and dont charge me for any thing else because i am unemployed.

MyVirtualCPA :

Okay...I see this will be your only charge. If you would, please rate my response as "excellent" as that is how I get credit for assisting you today

Customer:

sure i will

MyVirtualCPA :

Thanks so much

Megan C and other Finance Specialists are ready to help you
Thanks, Abdul for your positive rating. Please come back and visit MyVirtualCPA for any of your tax, finance, or social security needs. It was a pleasure working with you.

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