Warning. The amount you receive from closing your 401k is likely not the amount you should be rolling over. When you take a distribution from your 401k plan, the plan has to withhold 20 percent of the distribution for taxes. For example, if you take out $60,000, you're only going to get a check for $48,000.
Arkansas State University offers a four-year electrical apprenticeship program for $260 per year, which covers 2,000 hours of job training. Electrical apprenticeships may last longer than other programs, but students have the ability to earn an income while they work. Licensing for electricians costs $15-$150 per year, with an exam fee of $30-$75.
Fourth-period apprentices earn $15.66 per hour, or 65 percent of a journeyman's wages, while sixth-period apprentices earn $21.68 per hour, or 85 percent of a journeyman's salary. New job opportunities for electricians should grow by 23 percent between 2010 and 2020, according to the Bureau of Labor Statistics.or example, the base hourly wage for a journeyman outside lineman at the Northwest Line serving the Oregon, Washington and Idaho region was $44.73 as of February 2012. A first-step apprentice receives 60 percent of a journeyman's wages, or approximately $26.84 per hour.