401K
I am still working. With the way the world money situation has been, I was thinking of withdrawing a portion of my 401k and depositing it into a credit union. Will I be penalized? Thank You
Terry Says
Oh, now I see what you meant by part 2 in your previous question.
I have a NEWS FLASH FOR YOU. You CANT withdraw money from your 40l(k) while you are still working — except in the form of a small loan, if the plan allows.
Stop this panicked thinking. Keep investing. You’ll need this money for retirement.
