under PA unemployment, i want to know if my 401k will affect collecting?
Question Details:
I was terminated from my job and I'm collecting PA unemployment. I can rollover, cashout, or do both, or just leave it in till age 62. If i cashout, will I have to report this to my unemployment office?
In terms of income, http://www.dli.state.pa.us/ and http://www.dli.state.pa.us/landi/cwp/view.asp?a=358&Q=237268&landiPNavCtr=|1022|&TNID=3378#3378
I don't believe it will impact it because your 401k is not a salary. Unemployment is insurance to stand as a partial replacement for your salary temporarily until you find employment again.
