Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="upschuck" data-source="post: 1563843" data-attributes="member: 49865"><p>You get back everything you put in plus the earnings once you hit retirement age. If you take it out early, there will be a tax penalty, don't know the amount, but big enough for you not to want to withdrawal any. 401(k) is meant to be a retirement account, not an investment account, which is why you get dinged with the penalty.</p></blockquote><p></p>
[QUOTE="upschuck, post: 1563843, member: 49865"] You get back everything you put in plus the earnings once you hit retirement age. If you take it out early, there will be a tax penalty, don't know the amount, but big enough for you not to want to withdrawal any. 401(k) is meant to be a retirement account, not an investment account, which is why you get dinged with the penalty. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
Top