California Unemployment & Cashing a 401(k) | Sapling
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California Unemployment & Cashing a 401(k) | Sapling
Under California law, pensions, including 401k benefits, count as income and may reduce an applicant's weekly unemployment benefits. In the state of California, cashing out your 401(k) may make you ineligible to receive unemployment benefits if you are no longer contributing to your plan.
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