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  1. #4
    Join Date
    Mar 2012
    Posts
    1,360

    Default Re: Do IRA Withdrawals Affect Unemployment (Pua) in Wisconsin

    Quote Quoting wiscon
    View Post
    Is this true?
    Yes.

    401Ks = bad because you have to know the rules. IRAs don't count in any state so you don't have to do any research at all. Therefore, trustee-to-trustee transfer 401K to IRA, and then withdraw from the IRA. Problem solved. You reference "income." It's still income for income tax purposes, but it is not a "pension" that requires reporting or risk of offset to your UI benefits.

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