When Can I Take Out My 401K?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    A 401 (k) plan is a benefit from an employer. The employer has written into the plan the circumstances under which money can be withdrawn from the plan. As long as you are an employee you are bound by the terms of the plan. When you leave employment you have options among which could be withdrawal. Again, though, this is determined by the plan document.
    Answered on December 29, 2014
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