Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: PGR88

Which is why I’m cashing out all of my 401ks and paying the penalty


7 posted on 11/09/2015 10:26:08 AM PST by gr8eman (Don't waste your energy trying to understand commies. Use it to defeat them!)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: gr8eman

Once you have cashed out your 401K, what then? You still have to deal with both Federal Reserve banks and the U.S. government


9 posted on 11/09/2015 10:30:15 AM PST by PGR88
[ Post Reply | Private Reply | To 7 | View Replies ]

To: gr8eman
Which is why I’m cashing out all of my 401ks and paying the penalty

Dumb move. Really Dumb. Don't do it until you get the final figure from your CPA. Its not just a 10% penalty.

29 posted on 11/09/2015 11:20:17 AM PST by DCBryan1 (No realli, moose bytes can be quite nasti!!)
[ Post Reply | Private Reply | To 7 | View Replies ]

To: gr8eman

This guy’s site will explain that, while you are right about the coming crash, that cashing out the 401K is probably not the right move to take: generally correct about the economy, but specifically maybe not the right move.

Still, I don’t know your specific circumstances, I acknowledge that.

(NOTE: You might have to subscribe to the free newsletter, or listen to his radio show, if you can’t find it in the site material.)

https://www.financialissues.org

Respectful regards,


48 posted on 11/10/2015 7:42:15 PM PST by mbj (My two cents)
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson