So you’ve made the tough choice and have decided to do a 401k cash out, now what? While it’s our least favorite option because you get hit with some pretty hefty penalties, we realize that sometimes it just needs to be done particularly when the economy is grim. We won’t guilt trip you here but [...]

Are you considering a cash distribution instead of a 401k rollover?  Well, I am going to be brutally honest in saying unless you are absolutely desperate for money or over the age of 59 1/2, you would be crazy to cash out and should go with a rollover 401k instead!  I do realize that a [...]