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KuroBara
Joined: 15 Oct 2008 Location: Goyang-Si with a bit of Paju mixed in
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Posted: Mon Oct 27, 2008 7:06 am Post subject: 401(K)-What to do with it? |
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I have a 401(K) here in TN, but when I come to Korea, I was going to cash it out to pay for living expenses until my first paycheck. Should I do that? If I keep the 401(K), will I be able to pay into it from Korea? I know this sounds stupid, an I apologize. I tried a search, but could not find the right answer. Any help would be apprciated. |
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Ya-ta Boy
Joined: 16 Jan 2003 Location: Established in 1994
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Posted: Mon Oct 27, 2008 4:09 pm Post subject: |
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Yes, you will be able to continue to pay into it from Korea. However, the exchange rate of Won to Dollars is not good right now. A few months ago it took W1,000 to buy $1, now it takes over W1,400 to buy the same $1. |
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