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What to Do with 401K
His service is free of charge. L. Stroud. Helpful? ... Now, DO NOT CASH-OUT your 401K.... otherwise, you will be paying a tax penalty on it ... you aren't investing in stocks and bonds, but in direct investments (e.g. promissary notes, ...ANSWERS
See all- I had a similar situation and I rolled mine over into something where I could purchase a reider where my interest would not go below 6%. I paid a small fee, but that ...
- I would leave it in place. In order to cash it out to put it in a CD/MMA, you would have to pay a 40% tax on early withdrawal. If you are concerned about your 401k, c...
- Or invest some of it in "poor people". By that, I mean, don't invest in high tech, etc. Invest in Walmart, etc....since they made TONS of money this last quarter, w...
