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View Full Version : How do I find out how much I have in 401k and how to cash it out?


Melissa32
Aug 20, 2010, 07:47 PM
How do I find out how much is in my 401k and how do I cash it out?

Fr_Chuck
Aug 20, 2010, 08:02 PM
You should be getting regular statements, but you can check online if your company provides online access. You can write them and ask for a balance.

You do know, depending on age, that you will have to pay full taxes and a 10 percent penalty to withdraw.
Also are you still working for the company that provides it, then often you can not cash it in.

ScottGem
Aug 21, 2010, 03:53 AM
Is this with your current employer? Have you talked to the plan administrator?