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    Melissa32's Avatar
    Melissa32 Posts: 1, Reputation: 1
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    #1

    Aug 20, 2010, 07:47 PM
    How do I find out how much I have in 401k and how to cash it out?
    How do I find out how much is in my 401k and how do I cash it out?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    Aug 21, 2010, 03:53 AM

    Is this with your current employer? Have you talked to the plan administrator?
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