 Health Insurance coverage? |
| I'm now covered by the employer's health insurance (with dental) plan. After I quit/leave current job, how does this health insurance coverage work? Before I'm hired by other company,... |
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 Where is the best place/company to get engagement ring insurance? |
| If it helps... I want to ensure a wedding band and engagement ring and the cost of the two were combined to be $8077.00. I assume that I have to get an appraisal and if so what is the quickest way to ... |
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 I need health insurance quick.? |
| I need to get health insurance. I have no job and No income so i have no way to get health insurance. I went to the state to get health insurance and I was not eligable for Medicare. I live with my ... |
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 Uninsured C Section - how do you get the bill discounted and avoid collections? |
| I was talking to a recently married first time parents couple who find themselves facing a near 18,000 medical expense for their first born daughter who is worth every penny but the bills come out to ... |
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 Insurance Question? |
| If you work part-time with no health insurance, can you purchase insurance through your company or purchase your own insurance coverage outside or your company?... |
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 ROP term life insurance? |
| Anyone heard of this or has it? I'm thinking of getting this type on insurance but am unsure. Are all life insurance cut and dry or what? I know we can't afford whole life so that's ... |
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 What are some benefits comparing a PPO an an HMO? |
Open enrollment is coming up and my wife and i are trying to decide what to go with for health insurance-- a PPO or an HMO.
Does anyone have any positive or negative things to say about ... |
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| How does marriage affect insurance with pregnancy? |
| Ok, so we recently found out that my fiancee is pregnant. We are getting married in two months now. She is currently on her mother's insurance, which DOES cover pregnancy. When we get married ... |
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 Can you tell me which is the best pension plan ?? |
i m 23 years old ,if i save monthly 2000 then at 58 years i get pension ! which is
the best pension plan can you suggest me ??
plz ???... |
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 On my Insurance what is the medical payments to each person? |
Here is what my policy states:
SECTION II
Liability Coverages Limits Of Liability
COVERAGEĂ„EĂ„PERSONAL LIABILITY
FOR EACH OCCURRENCE:
PROPERTY DAMAGE AND
BODILY IN... |
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 Legal usages of health insurance checks (read details)? |
| So here's my question in full: Is it legal for me to cash an insurance check made to myself (but intended for a third party's payment) for personal use? Could I then arrange monthly ... |
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 How do I locate Gulf life company insurance? |
| NEED TO KNOW WHO GULF LIFE INSUANCE COMPANY BECAME,IF THEY STILL R,AND HOW TO COLLECT ON WHOLE LIFE INSURANCE, JACSONVILLE ,FLA POLICYS DATE FROM 1950TO 1988,NEED TO KNOW WERE TO GO TO COLLECT,SO WE C... |
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 Car Insurance after College? |
| I was wondering if anyone knew what the deal is with auto insurance after a student graduates from college. I know that once I am no longer a student I lose medical insurance under my parents plan, ... |
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Cake | Is it true that if I'm on workers comp I can not touch my 401? |
I was told that I could not take any money out from my 401 untill I came back to work. I just had surgery for the second time, and I dont think I'll be going back to work any time soon. The doctor is considering putting me on disability. |
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mbrcatz
|
Not true, but you pay about 30% between tax and penalties, if you touch it too early. |
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NHMike
 |
Being on Workers Comp alone is usually not an allowed reason to take withdrawals from a 401(k) plan. Plan withdrawals are usually limited to specific occurrences: i.e. retirement, hardships (buying a house), and disability are common ones.
Your plan document must define what "disability" is. It may state that disability is defined as Social Security defines it, but you need to check it. You will also need to be sure that being categorized as 'on disability' is the same as your Plan's definition of "disability".
Lastly, your plan may 'exclude' employees on Workers Comp from the 'eligible class' since you would not be able to fund contributions to the Plan while you are not working.
Once you either return to work (become 'eligible' again) or meet the Plan definition of "disability", then I believe that your company is correct in disallowing a withdrawal.
Good Luck |
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Crazy Cat Lady >^..^<
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I dont know ..but I do know you will be taxed like heJJ on it |
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jseah114
 |
You cannot withdraw any money from your 401(k) until you terminate your employment with the company. You can, however, borrow from your 401(k), although since the repayment of the loan is typically done through payroll deductions, they probably won't let you borrow from it until you return to work. |
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jbowler
|
If you are not going back to work, roll the money over into an IRA.
You can let it sit or begin withdrawals without penalty if you are permanently disabled. |
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