Do we have to pay zakaat on 401k and other pension plan investments?

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There are different opinions, you need to do your research. A good place to start, on YouTube look up "Yasir Qadhi zakat" and watch "The Fiqh of Zakat (Part 2)"

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Watched this lecture. It was perfect

My understanding is you pay on liquid assets. Not sure if 401k is considered that since you would have to pay a penalty to "cash it in". For me this and other pension plans = no. God knows best.

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That's where there is a difference in understanding whether it's truly illiquid

I think yes

Yes

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What TC1 said. Their is an easy zakat guide out there by Joe Bradford you can take a look at

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