2006-09-21 02:21:27 · 13 answers · asked by Anonymous in Politics & Government ➔ Politics
Its YOUR money, you can take it out for whatever you want, just be willing to pay the penalties/taxes.
2006-09-21 02:23:21 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Yes you can take money out from your 401K. You can take a loan against it and pay yourself back (they can take it out of your check bi weekly when you get paid). There is such a thing as a hardship loan which you do not have to pay back but its for emergencies like if you are about to get evicted, if you are buying a home, etc. Breast implants is not an emergency unfortunately but as mentioned previously you can take a loan against your 401K. There is a certain amount however that you are allowed to take out depending on how much is in your 401K
2006-09-21 02:24:37 · answer #2 · answered by SxyPR 3 · 1⤊ 0⤋
If you absolutely insist on removing money from your 401k (which I don't advise), then you have two options:
(1) See if your 401k provider offers a loan from your account that you pay back = no $ penalty
(2) Withdraw funds and take a 10% early withdraw penalty plus personal income tax on the income
Not a good idea to withdraw. But, you earned the money. Your money = your choice.
2006-09-21 02:25:58 · answer #3 · answered by Robert 5 · 1⤊ 0⤋
I don't know what a 401K is so can not advise.
I went out with a crazy chick with hhheeeeoooowwwge silicon boobicles once, she went to the bank, and pretended she needed a loan for a car, got the money and paid for a pair of monsters...
She was a total hoooooeerrr though so I killed her
2006-09-21 02:37:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You can cash out your 401k for whatever reason you want. It's just not a really great idea, because you get so much taken away from it before you get the sum (taxes...possible penalties). But, yes it's your money.
2006-09-21 02:23:24 · answer #5 · answered by Bailey 2 · 0⤊ 0⤋
No. You can usually take out a hardship loan (like you're going bankrupt) or a loan to purchase a home. I don't think implants count as a necessity.
2006-09-21 02:23:33 · answer #6 · answered by Robin A. 3 · 0⤊ 0⤋
It is your money and you can withdraw anytime however be prepared to pay a 10% penalty for early withdrawal and then of course the taxes.
2006-09-21 02:43:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
No you should leave your money there. Find a sugar daddy to pay for them instead. I might be willing to pony up the cash if you'll.....
...gimme 10 points!! LOL
2006-09-23 11:16:46 · answer #8 · answered by retardedpossum 2 · 0⤊ 0⤋
1
2017-03-01 04:21:48 · answer #9 · answered by ? 3 · 0⤊ 0⤋
Yes, you can take a loan against it.
2006-09-21 02:27:01 · answer #10 · answered by Middle A 1 · 0⤊ 0⤋