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Strike survival!!! Dump your stock!! Cash in some 401k!! Sell on ebay!!!
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<blockquote data-quote="brett636" data-source="post: 1101266" data-attributes="member: 249"><p>If you have a traditional 401k you can withdraw the money with no penalty at age 59 and a half(why the half is important is beyond me), but you will still get taxed at your regular tax rate. Now if you have a Roth 401k and withdraw the money you pay no tax assuming you are at the age that you can withdraw it since roth 401ks are funded with after tax dollars, and the growth of that money can be withdrawn completely tax free(for now).</p></blockquote><p></p>
[QUOTE="brett636, post: 1101266, member: 249"] If you have a traditional 401k you can withdraw the money with no penalty at age 59 and a half(why the half is important is beyond me), but you will still get taxed at your regular tax rate. Now if you have a Roth 401k and withdraw the money you pay no tax assuming you are at the age that you can withdraw it since roth 401ks are funded with after tax dollars, and the growth of that money can be withdrawn completely tax free(for now). [/QUOTE]
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Strike survival!!! Dump your stock!! Cash in some 401k!! Sell on ebay!!!
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