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re: Switching jobs and 401k question
Posted on 4/18/15 at 1:31 pm to CajunTiger92
Posted on 4/18/15 at 1:31 pm to CajunTiger92
One other note -
If you roll it into your new copany's 401k, they may not allow you to withdraw it in the event you ever need it.
Plans are not required to allow in-service distributions of rollover accounts.
Your IRA, you can always take it (and pay the taxes and early withdrawal penalty).
If you roll it into your new copany's 401k, they may not allow you to withdraw it in the event you ever need it.
Plans are not required to allow in-service distributions of rollover accounts.
Your IRA, you can always take it (and pay the taxes and early withdrawal penalty).
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