My husband cashed out his 401k. Against my wishes, but whatever. They took the 10% penalty and some sort of 20% tax fee. What else am I gonna have to pay in reprocussions from this? I assume there are more taxes... And I assume there will be payments required on April 15th... Anyone know?
Answer by SensualScents at 11:25 AM on Jun. 26, 2008
Answer by slw123 at 8:21 AM on Jun. 26, 2008
Answer by SAHMinIL at 8:42 AM on Jun. 26, 2008
Cash Out 401k Think twice before you do it. A cash out 401k can cost you a lot of money now, and a lot of money down the road. If you are leaving a job and ...
Answer by vbruno at 11:15 AM on Jun. 26, 2008