[Homestead] 401k question
Roy Morgan
k1lky at earthlink.net
Fri Oct 24 23:51:39 EDT 2008
On Oct 24, 2008, at 11:26 PM, EarthNSky wrote:
> Why is it, if you have a 401K through your employer, that you have to
> quit your job in order to cash out? Why?
That's so the COMPANY can keep control of the funds, not you.
Same with the Thrift Savings Plan for guvmint employees. Both before
and after retirement, your options and flexibility with your own money
is limited.
Roy
Roy Morgan
k1lky at earthlink.net
529 Cobb St.
Groton NY, 13073
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