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To: trad_anglican
You're talking out of both sides of your mouth on this.

What you are arguing is that any funds that you deposit in a time account (CDs, Bonds, etc.) are not yours, which is ludicrous!

The 401k money is YOURS; you may withdraw it at anytime, but you must pay tax on the full amount of the withdrawal plus penalty interest.

69 posted on 11/07/2008 7:09:32 AM PST by ROLF of the HILL COUNTRY ( The Constitution needs No interpreting, only APPLICATION!)
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To: ROLF of the HILL COUNTRY

Here’s the code. Researching now.

http://assembler.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000401——000-.html


71 posted on 11/07/2008 7:13:18 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: ROLF of the HILL COUNTRY
What you are arguing is that any funds that you deposit in a time account (CDs, Bonds, etc.) are not yours, which is ludicrous!

I'm arguing no such thing. I'm only talking about 401k plans. Please read what I actually write or I'm going to ignore your responses.

73 posted on 11/07/2008 7:20:24 AM PST by trad_anglican
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