[F]
Can you close out your 401K even if you are still employed? I am fortunate to have not lost my job, but we work on a "production bonus" and have not been running for several months now. I am making less than 10.00 an hour and have gotten behind on basically every bill. I have plenty in my 401K, but don't want to do a loan because I can't afford for anymore to come out of my paycheck. Is it possible to close it out? I am 38 years old.

Thanks for your help

Not without extreme penalties that would make it not worthwile.