Tip - Stop! Never Cash Out Your 401(k) To Pay Creditors

Published 9 years, 3 month(s) ago | Submitted by Jill Nyren

Stop! Never Cash Out Your 401(k) To Pay Creditors

Withdrawing from your 401(k) can be a tempting way to pay overdue bills, but it's a mistake. The IRS is the only creditor who can legally seize your 401(k).

For further reading: http://www.moneyunder30.com/never-withdraw-from-401k-to-pay-creditors

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Posted: 9 years, 3 month(s) ago

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