Discussion:Cost of cashing out 401K
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AverageJoe (talk|edits) said: | 15 March 2008 |
| I was forced to cash out part of my 401K because of some work related issues. (I did not qualify for unemployment.) Anyway, I cashed out the minimum which was $12K. I had to pay about $2K in taxes. My question is, If I would have kept that money in until retirement, how much interest would I have made, or could I have made????? I am now 35 years old.
Thanks in advance for any help!!!! Lori :) | |
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