Unemployment and 401K money

[cbg]

Thanks, JAL. Appreciate the comments. I've also learned to respect your positions on most issues.

One of these days I'll finish this night assignment and be able to sleep at nights.

 

[justalayman]

Thanks, JAL. Appreciate the comments. I've also learned to respect your positions on most issues.
.

most? MOST????

just kidding.

thanks.

 

[tenswyf]

This is the paragraph from Publication 1901 that I believe applies here (and that justalayman referred to).

Example 3. You contributed one-half or more to the cost
of the retirement benefit.
Since you contributed one-half or more to the cost of the
retirement benefit, none of the $430 would be prorated and
deducted from your WBA. Therefore, you would be entitled
to your full $180 WBA.

I did call the unemployment office. The gentleman I spoke to said he did not think taking a lump sum distribution would count against benefits but that I could find out for sure by reading this publicatioon. So I guess while it does not specifically mention 401K, I have to go by that paragraph.

Thank you all for you help. I will post here when I know the answer for sure, maybe that will help someone else later on.