Archive for February, 2009

What is the difference between 401k earning and appreciation?

Thursday, February 19th, 2009
401k
Matthew F asked:

When looking at my 401k statement, there is an “Earnings” section and a “Appreciation/Depreciation” section. What is the difference?


Question posted courtesy of: Tina
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Can I withdraw from my 401k without penalty to fund my college tuition?

Wednesday, February 11th, 2009
401k
chemist asked:

I am planning on working for a couple of years before going to school for a regular MBA. Can I contribute to my 401k plan now and withdraw it without penalty to fund my college tuition? Or is it better to take the tax hit now, rather than take the penalty later ?


Question posted courtesy of: Aaron
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