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Megan C
Megan C , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16539
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

Resolved Question:

i am unemployed and i with drew my 401k, dose it effect my edd
Submitted: 2 years ago.
Category: Finance
Expert:  Megan C replied 2 years ago.

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
Expert:  Megan C replied 2 years ago.
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.

In a few days, you may receive a short survey. I would appreciate good marks on this survey as it will assist me with my rankings on the site.