I am considering withdrawal of my 401k. My company is going to take 20%. I do not know how much the government will take. How much will they take and will it be taken before or after my company takes their 20%? Help!!

Your company can't "take" anything. Generally, if your company permits an inservice withdrawal they will WITHHOLD 20% towards your federal tax liability. In addition to that you will be charged a 10% penalty when you file your taxes next year. The amount of the withdrawal will be added to your annual income to determine your actual tax liability, towards which the 20% will be applied.

I do NOT recommend this. Does your plan permit loans?

Early withdrawal from 401K is subject to 10% penalty. Also, the withdrawal will be taxes as ordinary income.

DO NOT DO IT!

Yo can expect to pay AT LEAST 25% in taxes and perhaps as much as 50% (depends on yor tax bracket and which state you live it).

Compare to these taxes, borrowing from a credit card is a bargain!