2006-07-04 01:57:36 · 3 answers · asked by Executing Strategy 1 in Business & Finance ➔ Personal Finance
By cashing it out, which is probably not smart.
2006-07-04 02:33:48 · answer #1 · answered by profadrian 1 · 0⤊ 0⤋
By taking a HUGE hit in taxes and fees.
Any time you take money out of a retirement fund, IRA, 401k before retirement age (set by the type of fund you have ang gov't regulations) there will be fees/penalties, along with any applicable taxes.
I worked for a place that had a 401k option available, and I started contributing. I got fired shortly thereafter, and was not able to roll it over, so it got cashed out. When I got the check, my $60+ actually was more like $40-something....
2006-07-04 02:25:09 · answer #2 · answered by Yoda's Duck 6 · 0⤊ 0⤋
Contact them directly. Be prepared to pay a 10% penalty as well as income taxes on any withdrawals
2006-07-04 15:01:51 · answer #3 · answered by ps2754 5 · 0⤊ 0⤋