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What happens if I cash out my 401k?
Asked by qualitycontrol (2573)
October 24th, 2009
I’m dying for money right now. I have $2,000 in my 401K. What will happen/what will I have to pay if I cash this out? I really, really need it…after the fees/taxes, what will I be left with? Has anyone ever done this? I haven’t been working long this is why I only have $2,000 in my account. Thanks for the help.
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