Cashing out Company Stock from a 401(k)?

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emjodeal

Sep 14, 2009, 12:40 PM

I have unfortunately lost my job and will probably defer any payment of my 401(k) for now and hopefully be able to find a job sooner rather than later. However, I have the option of having only the company stock and ESOP portion payed out - an option I am considering. Since I am only 38, would this be treated as an early withdrawal with the 10% fee?
Thanks, ~J

ebaines

Sep 17, 2009, 08:17 AM

See answer here:

http://www.askmehelpdesk.com/retirement/cashing-out-company-stock-401-k-396491.html

You should not post the same question in two different places.