Has anyone out there cashed out there 401k, and is it the right thing to do?

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I really need to reduce my stress, and bills.

This open post was written 8 months, 3 weeks ago | V/U/S: 50, 3, 3 | Edit Post | Leave a reply | Report Post

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~LazyDaze~ 239 #
An Undisclosed Location | 8 months, 3 weeks ago (3 minutes after post)

What are you talking about?

Help me with: Mother in-law

Jules22871 1 #
An Undisclosed Location | 8 months, 3 weeks ago (15 minutes after post)

Just remember, when you cash it out you will owe taxes on whatever amount you get.

Help me with: This was written for me and my husband after our motorcycle accident and was published in a couple for biker magazines.

~LazyDaze~ 239 #
An Undisclosed Location | 8 months, 3 weeks ago (2 hours, 27 minutes after post)

I take it thats an American thing?
Because I have no idea what your going on about.

Help me with: Mother in-law

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Has anyone out there cashed out there 401k, and is it the right thing to do? - Help.com