Transfer it to a ROTH IRA and then take it out you won’t be taxed on it
2025-04-04 02:26:35
56
KYPadfoot :
Don’t do a withdrawal, take out a 401k loan
2025-06-16 00:23:58
17
Amanda Elder :
took my money out and paid off all my debt! no regrets AT ALL!!
2025-04-11 10:35:30
113
nomi :
Quit my toxic job. Pulled out 401K. I got taxed almost $20K at withdrawal but I paid off my debts and lived 6mo off of the balance comfortably before I started looking for another job.
2025-04-04 14:51:16
17
Crash :
Used mine to pay off cc debt. Took out the taxes and all beforehand. I wish I didn’t have to but I do not regret it one bit. Being debt free now has changed everything.
2025-04-17 04:39:56
169
Lina'sWorld :
I withdrew mine and bought a house. No regrets 🥰
2025-04-02 13:10:39
190
rachaelalesia23 :
I don’t regret it. I took some out to cover debt. It’s my money anyway and what if I never get to enjoy it?
2025-04-03 22:40:04
16
Uhave30mins 🎀📖❤️🔱🖤 :
I took 18k out when I bought my house in 2018 no regrets
2025-04-04 23:18:48
16
Temmy :
People saying don’t touch your 401k what if you die before you retire? Yall better enjoy while alive
2025-04-28 19:29:09
126
stormtrooperx88 :
Don’t take it out… why not lower your contributions if you need more money?
2025-03-29 00:40:20
48
Katlynn :
transfer it to a Roth IRA and you can withdraw your contributions tax and penalty free.
2025-07-30 02:02:14
44
Christy Newton :
I am going through this now. 20% federal, 8.5 state (New Mexico) and 10% penalty. For me at this moment it is worth it. I’m young enough to start over!
2025-06-05 04:33:38
5
Shereece✨ :
My grandma passed at 61. My mom passed at 54. Our life expectancy isn’t long. I’m doing it.
2025-06-19 14:17:09
82
lunagracious :
My hubby Withdrew $17500 paid $3500 in federal tax.. tbd on state tax next season😂. Not regretting it because we cleared our credit card debt… so the $3500 mya have been interest paid anyway… We realized people die without touching their 401k… so why not.
2025-06-06 01:46:34
11
Cin :
I had clients who did this to get a home. they paid the 10% early withdrawal but they are paying themselves back with interest not sure how that works.
2025-03-27 21:03:13
24
sebastian_90210 :
wow. you people made the worst move ever.
2025-04-09 22:42:43
37
Calilife :
don't do it, unless you really need the funds
2025-03-29 05:09:23
193
Lilianamendoza4221 :
I have withdrawn as a loan. I do not regret it!
2025-03-28 07:08:53
78
xshaggiex :
wife and I took out 23k after taxes we got about 19k we bought our house with that and furniture and stuff but just a heads up you will be taxed on that again when you do taxes at the end of the year
2025-04-02 22:10:11
9
Monica :
I want to withdraw all my 401k to open a business that might make me a millionaire. Did you do it? If so how much did they taxed you on?
2025-09-23 22:32:13
5
Benny AZ :
401k is the biggest scam. invest your own money your own way and always control your investments
2025-05-20 00:43:55
38
Michelle :
I just got laid off and am contemplating withdrawing to be debt free and start over. I'm 😱 scared
2025-03-29 03:54:20
10
DominicaMcghee :
Retire in the United State? I see more and more elderly working. I only see the rich getting richer. And by the time I'm at retirement age the new age limit will be dead limit.
2025-04-10 23:36:49
13
6foot7kryptonian :
if you touch your 401k. Just make sure it's absolutely an emergency and that you absolutely cover the taxes before hand. DONT OVER DO IT, than what you need💯💯💯💯💯
2025-05-01 09:54:16
10
Erinsalsa :
No! Do not touch your 401k
2025-04-02 17:08:18
2
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