It depends on the nature of the plan. If you put your own money in, then California doesn't consider this income. If you didn't put your own money in, then this is considered "retirement payemnts" and reduces your benefits.What is the name of your state?
I wanted to know if I had to report my 401k cash out to unemployment if I’m receiving benefits?
I read this but I can’t make any sense of it. Anyway you can simplify it?https://www.edd.ca.gov/UIBDG/Total_and_Partial_Unemployment_TPU_46055.htm
This web site explains the matter.
Whether it's funded by employee contributions, employer contributions, or some combination thereof makes a difference.I would just about bet cashing out a 401K because you need the money doesn't affect your claim, but this is the problem. Have you already taken it out? If so and you make your weekly certification for benefits and you report it as pension, it will stop your claim until your circumstances can be explored. So, first move, call someone, and discuss it with them. Do not report it unless you are told to do so.
I'd strongly advise that right now, while the extra $600 a week is in effect, you do not take it out, not raising any issue and not causing any stoppage of your claim. Keep your claim going right now if you can. Wait and see if the extra $600 in benefits happen to be extended, which I suspect will not be happening. That way if your claim were to be stopped for any period, you wouldn't have missed a week when you're receiving the $600 as well as your regular pay. They will not hold that money back for you if your claim is in appeal status at that time.
A call to the CA EDD will probably get you this sort of answer. Okay, if you contributed to the 401K, you don't need to report it. You are getting it out under special circumstances, not because you are actually retiring. That shouldn't affect your claim.