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Hi, I am here in the US for the last 4 years on L1 visa. I will be relocating back to India soon. I was planning on withdrawing my 401k. What are the losses. What is the procedure? Any help is appreciated. Thanks. I do not have a green card.
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You will have to just contact your employer for exact withdrawal procedure.
You will have to pay the income tax on the amount + 10% penalty.Immihelp Support
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