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    sconway's Avatar
    sconway Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 25, 2009, 07:02 PM
    401 retirement
    Hello, I don't want to take hardship withdrawel, just want to retirement monies withdrawn, Is there any way to get My money , I am 46yrs old and still employed at this company. Can you roll the money into some other type of acct and then withdraw it. Is there thing we can do or we just S.o.l. tks sc;)
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 25, 2009, 07:11 PM

    Not at 46. There is no way you can touch this money without significant penalties. Your only hope here is taking a loan against the account.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Feb 25, 2009, 07:16 PM

    As long as you work for this company no you can not withdraw the money, you can borrow against it.

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