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uhhuh (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:33 PM Original message |
Can You Close a 401k account completely? |
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Worst Username Ever (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:34 PM Response to Original message |
1. Not while you work there. |
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uhhuh (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:38 PM Response to Reply #1 |
8. Well that might be better |
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Skittles (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:35 PM Response to Original message |
2. I think you get taxed an extra 10% or something like that |
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shoelace414 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:35 PM Response to Original message |
3. you would probably have to quit, but other than that |
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JuniperLea (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:36 PM Response to Original message |
4. you should be able to... |
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uhhuh (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:41 PM Response to Reply #4 |
9. Ira may be the way to go. |
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The Spirit of JFK (528 posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:37 PM Response to Original message |
5. Short answer, yes...It depends on what kind of 401k it is... |
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DS1 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:37 PM Response to Original message |
6. Yes, you can withdraw from your 401k |
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Hobarticus (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:37 PM Response to Original message |
7. Yes. Did it myself. |
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Kolesar (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:43 PM Response to Original message |
10. You should be able to shift investments to 401k "fixed income" funds |
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DoBotherMe (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:47 PM Response to Original message |
11. I cashed out my IRA last March when |
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KC21304 (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:51 PM Response to Original message |
12. If your company is matching, that would be a very bad idea. |
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uhhuh (1000+ posts) Send PM | Profile | Ignore | Thu Nov-04-04 04:57 PM Response to Original message |
13. Thanks for all your great answers |
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DU AdBot (1000+ posts) | Thu May 02nd 2024, 04:03 PM Response to Original message |
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