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["Lisa K.V. Perry" <lisakvperry AT gmail.com>]

On Mon, Sep 15, 2008 at 9:16 PM, bob ford <bobford79 AT yahoo.com> wrote:

>  My only suggestion would be to remember than you will pay a lot of
> additional  taxes and penalties by cashing out early from your 401K.   You
> could end up losing up to Half.


I believe after normal Fed & state taxes the penalty for early withdrawal on
a 401k is 10%. The 401k company can tell you, call the 800 line and ask the
rep that answers.

lkvp