Category Archives: Retirement

Should You Cash Out Your 401k When Leaving a Job?

You might be thinking of cashing out your 401k when leaving a job. It can be especially tempting to do so in two circumstances: when there’s “only a little bit” in the 401k, and when there’s a whole lot of money in it. If you’re doing a hardship withdrawal as a last resort — such as to stave off foreclosure or feed your family — that can be another matter, but there are still things you should be aware of. » Read more

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