My mother is 74 years old and still works. She has a 401 (k) plan at her work where she contributes bi weekly. Her employer has announced that they will no longer be matching their contribution. She wants to know can she take all of her money out of the plan without a penalty and put it into a CD, money market etc. She does not want to roll it over into an IRA account. Thanks for any advice or information you can give.