How does Social Security, a 401K and/or pension affect my unemployment claim?
Pensions are deductible if paid by an employer listed on your claim, based on the percentage of the employer’s contribution. A lump sum 410K and IPERS that is “rolled over” to an IRA when you receive the lump sum is not deducted. Report a lump sum 401K or IPERS payment that is not “rolled over” within 6 weeks of receipt. The lump sum is pro-rated. Social Security benefits are not deductible and do not affect your Unemployment Insurance benefits.
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