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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

Cashing In My 401(k) and 457 Deferred Compensation Accounts

(Posted March 16, 2014)

Question 1116: I will retire with 38 years of service in 2016. Will cashing in my 401(k) or 457 accounts affect my Railroad Retirement benefits?

Answer: Redeeming retirement accounts such as 401(k) and 457 plans will not affect your Railroad Retirement Annuity.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


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