Homestead mailing list

[Roy Morgan <k1lky AT earthlink.net>]

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