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Updated over 10 years ago on . Most recent reply

User Stats

369
Posts
44
Votes
Jonathan Casillas
  • Lender
  • Four Oaks, NC
44
Votes |
369
Posts

Need money? Looking at cashing out your former 401K /IRA ? DON'T (the taxes will kill you)

Jonathan Casillas
  • Lender
  • Four Oaks, NC
Posted

Need money? Looking at cashing out your former 401K? DON'T (the taxes will kill you). Turn your former 401k (min 40K) Into a working capital loan. Barrow from yourself rather then a bank tax free.

What we need:

-Full Name

- Good Contact Phone Number

- Email Address

It must be from a former employer. We set up a trust that is tax free so you can borrow from yourself. It's not a loan.

Some details You must be less than age 59, former employer 401K / IRA (NOT ROTH) (min 40K), not paid taxes on it yet.

Offering

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