Tag Archives: retirement plan

Zakat al-Mal on 401K or IRA?

Does one pay Zakat al-Mal on the money invested in a retirement 401K or IRA? Continue reading →

Posted in Zakat & Sadaqah | Tagged 401k, access to money, debt, investment, loan, nisab, retirement plan, savings, wealth, zakat, Zakat al-Mal, zakatable savings | Comments Off on Zakat al-Mal on 401K or IRA?