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re: If you haven’t already reallocated your 401K into a safe space, you better get on it

Posted on 1/27/21 at 7:08 pm to
Posted by ArHog
Muss is a coward
Member since Jan 2008
33205 posts
Posted on 1/27/21 at 7:08 pm to
I cashed out and took the loss and the penalty, far better than losing all my shite
Posted by GREENHEAD22
Member since Nov 2009
19625 posts
Posted on 1/27/21 at 7:40 pm to
Penalty? Why didn't you just move it all to the money market account and sit? You literally cashed out?
Posted by moneyg
Member since Jun 2006
56677 posts
Posted on 1/27/21 at 7:54 pm to
quote:

I cashed out and took the loss and the penalty, far better than losing all my shite



If you think they can’t reach into your bank account you are going to be disappointed.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
20887 posts
Posted on 1/27/21 at 11:57 pm to
quote:

I cashed out and took the loss and the penalty, far better than losing all my shite


Holy frick that was stupid.
Posted by Vacherie Saint
Member since Aug 2015
39569 posts
Posted on 1/28/21 at 9:22 am to
Cares Act let you withdraw without penalty. At least in 2020 it did.
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