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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsPersonal FinanceAvoiding penalties Cashing out My 401K
Jasen Pyles's profile image
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Jasen Pyles
  • from Broken Arrow Oklahoma
  • Member since Mar 4, 2017
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Jasen Pyles's profile image
Jasen Pyles's profile image
Jasen Pyles
  • from Broken Arrow Oklahoma
  • Member since Mar 4, 2017
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Jasen Pyles
  • Broken Arrow Oklahoma
3
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11
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Personal Finance

Avoiding penalties Cashing out My 401K

Jasen Pyles
  • Broken Arrow Oklahoma
Posted Apr 10 2017, 13:16

When I quit my job I'm going to cash out my 401k. Is there anyway that I can avoid the penalties if I am going to invest it into an investment property? what percentage is the norm when cashing in your 401k?

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