Legal Question in Employment Law in California

I got fired from my job and i cashed out my 401k from there. Does that affect my unemployment claim?


Asked on 12/15/13, 8:43 pm

1 Answer from Attorneys
Michael Kirschbaum Law Offices of Michael R. Kirschbaum

Cashing out your 401k will not affect your eligibility for unemployment because it is not considered income earned while unemployed. The reason for why you were fired might, if the employer can show you were fired for misconduct.

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Answered on 12/16/13, 8:17 am


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