Distributions and Loans
Roth contributions can be beneficial because the EARNINGS associated with those contributions can be withdrawn tax free. Imagine! Money that is never taxe...
Sat, Mar 23, 2019 at 2:57 PM
If available in your plan, a hardship distributions can only be taken when there is an immediate and heavy financial need that cannot be satisfied by other ...
Fri, May 24, 2024 at 2:01 PM
You can take a distribution from your retirement account if you have a "distributable event." To learn more about when you can take a distributio...
Fri, Oct 25, 2024 at 10:45 AM
You can take a loan from your retirement account if your plan allows loans and you meet the requirements under your plan's loan policy. Remember that t...
Tue, Jul 16, 2024 at 4:46 PM
As part of Ameritas/BlueStar's ongoing commitment to ensure your account security, we have created a secure portal to allow you to provide us with docum...
Wed, Aug 9, 2023 at 11:43 AM
Your 401(k) Plan may allow you to borrow against your account to meet your current financial needs. Ideally, during your working years you will be putti...
Sat, Mar 23, 2019 at 10:26 PM
Taking a loan from your retirement plan is a big decision and should not be done lightly. If you have an immediate financial need, however, you are likely ...
Tue, Oct 25, 2022 at 10:46 AM
Distributions from qualified plans are limited to a few special events by the Internal Revenue Code (IRC). While these restrictions are occasionally frustr...
Thu, Jun 22, 2023 at 12:15 PM