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will i be able to take money from my 401K while on unemployment i am 61 without compromising my unemployment
0
votes
2k
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i am 61 not retired yet don't want to take money out of my 401K unless i don't get any kind of health insurance. Cobra is expensive. Could i take money out of my 401K for such expenses if i need to without it affecting my unemployment money?
asked
Nov 15, 2012
in
New Jersey
by
mystee
(
140
points)
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Most likely yes. Read cobra with regard to unrmployment, it may he lower.
answered
Nov 16, 2012
by
ked
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