Hello - I'd appreciate some help here. I'm leaving my present F/T job to start my own machine shop and I'd like to know if there is a consideration in the laws regarding 401k for doing this?

Thanks! - Skip

Nope. If you use the funds you will have to pay the 10% penalty and any tax liability.

Scott,

Thanks a bunch man! Well, the business will foot this as it's first bill. -Skip