Employment Law

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Related Employment Law Questions
I am 57 1/2 years old. The company i worked for in Texas
I am 57 1/2 years old. The company i worked for in Texas declared bankruptcy and closed their doors in December 2018. I am receiving unemployment benefits. I have a 401K plan that was managed by my em… read more
ScottyMacEsq
ScottyMacEsq
Lawyer
Doctoral Degree
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I have a question for you. If I have an old 401k plan. In
I have a question for you. If I have an old 401k plan. In the plan is a total of $12,000. $9,000 of the $12,000 is money I put into the plan. $3,000 is the amount the employer contributed. If I only t… read more
Law Educator, Esq.
Law Educator, Esq.
129,993 satisfied customers
I live in Denver, Colorado and was off from my job at the
I live in Denver, Colorado and was laid off from my job at the end of May this year. I have a Flexible Premium Variable Annuity (IRA) with New York Life. Can a withdraw some money from this without it… read more
Allen M., Esq.
Allen M., Esq.
Employment Lawyer
Juris Doctor, Cum Laude
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If I am disabled and have an emergency, can I receive my IRA
If I am disabled and have an emergency, can I receive my IRA or 401K without penalty for this purpose?… read more
RobertJDFL
RobertJDFL
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My wife, a 60 year old RN, has been layed off and looking for
My wife, a 60 year old RN, has been layed off and looking for work since Nov 2013 and also collecting unemployment insurance benefits. Two weeks ago, about Apr 7, 2014, she discovered she had a pensio… read more
Marsha411JD
Marsha411JD
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Doctoral Degree
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Hello, Is it possible to withdraw the money from IRA account
Hello, Is it possible to withdraw the money from IRA account while I am receiving the unemployment benefit ? Thank you in Advance. Hochul… read more
Loren
Loren
38,631 satisfied customers
I was a co-owner of s-corp in TN (and also on payroll as employee)
I was a co-owner of s-corp in TN (and also on payroll as employee) from 1997-2005. I sold my shares in jan 2003. I opened an LLC in TN late in 2002 (My wife and I own 50% each) and file taxes jointly,… read more
Law Educator, Esq.
Law Educator, Esq.
129,993 satisfied customers
I have a 401k and though I am on permanent dissability at age
I have a 401k and though I am on permanent dissability at age 52, will I be penalized by the IRS for early withdraw even though I am unable to work. Can you tell me the penalties or breakdown if I was… read more
Lucy, Esq.
Lucy, Esq.
Juris Doctor
27,484 satisfied customers
Is it legal to use your 401k to buy a franchise without penalty
Is it legal to use your 401k to buy a franchise without penalty? Some say yes some say no. I havent spoken to a lawyer though. Does the IRS frown upon them?… read more
Dimitry K., Esq.
Dimitry K., Esq.
Attorney
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I want to rollover my 401k with my current employer into a
I want to rollover my 401k with my current employer into a Gold & silver IRA account. My employer is fine with it but I am encountering resistance from the 401k provider who says it can only be done i… read more
Attorney Wayne
Attorney Wayne
Attorney-at-Law
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i used to work for new york city transit(mta) our pension was
i used to work for new york city transit(mta) our pension was thru NYCERS. New York City Employment Retirement Sytem to which most of New York city employees and state employees belong. I have left th… read more
ScottyMacEsq
ScottyMacEsq
Lawyer
Doctoral Degree
3,199 satisfied customers
this is probably a tax question, but here goes in Nov, 2009,
this is probably a tax question, but here goes: in Nov, 2009, my position was eliminated and i took retirement and did a rollover of my 401K into another Charles Schwab account. I'm trying not to draw… read more
Lucy, Esq.
Lucy, Esq.
Juris Doctor
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My wife and I have a 401k with an approximate balance of $135K which
My wife and I have a 401k with an approximate balance of $135K which had been rolled forward from her previous employer. We would like to escape from this 401k account, so we can invest these savings … read more
Judith
Judith
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I am currently collecting unemployment in the state of OHIO.
I am currently collecting unemployment in the state of OHIO. Will my benefits be reduced or stopped if I cash in one of my 401k's from my last employer?… read more
legaleagle
legaleagle
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Doctoral Degree
7,048 satisfied customers
I HAVE WORKED 30YRS FOR THIS COMPANY. CONTRIBUTED $19,000
I HAVE WORKED 30YRS FOR THIS COMPANY. CONTRIBUTED $19,000 MYSELF COMPANY $23,000. NOT LEAVING COMPANY, BUT NEED MONEY. HOW MUCH CAN I DRAW OUT.… read more
Barrister
Barrister
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Doctoral Degree
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If I take a distribution from MY 401k in Texas, will it affect
If I take a distribution from MY 401k in Texas, will it affect my unemployment insurance status or payments? My former employer is hostile and he would surely use any ammo. I give him! HELP… read more
Marsha411JD
Marsha411JD
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I was laid off from my job over a year ago and am currently
I was laid off from my job over a year ago and am currently unemployed. I have been receiving unemployment benefits (in North Carolina) throughout 2009. I am considering rolling over my 401k and my pe… read more
LawTalk
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early Withdrawaling from my IRA account, Will it stop my Unemployment
early Withdrawaling from my IRA account, Will it stop my Unemployment Eligibility in North Carolina… read more
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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Meet the Experts:

Allen M., Esq.

Allen M., Esq.

Employment Lawyer

13,580 satisfied customers

Employment/Labor Law Litigation

Marsha411JD

Marsha411JD

Lawyer

12,620 satisfied customers

Licensed Attorney with 29 yrs. exp in Employment Law

JB Umphrey

JB Umphrey

Lawyer

6,273 satisfied customers

Assisting employees and employers for over 14 years.

John

John

Employment Lawyer

4,234 satisfied customers

Exclusively practice labor and employment law.

ScottyMacEsq

ScottyMacEsq

Lawyer

3,199 satisfied customers

Licensed Texas General Practice Attorney

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

3,007 satisfied customers

I provide employment and discrimination law advice in my own practice.

Ray

Ray

Employment lawyer

2,720 satisfied customers

30 years in Employment law

< Previous | Next >

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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