There Is a God

[arcane]

Yes! I will be getting my 401k and my pension plan no later than January 15th but it looks like it will be more like the 1st! What this means to me is that if I don't have a job that will pay by the end of the month (which I should!) I still have money coming in to fall back on and actually make rent next month

Comments

[catchnteardrops]

'Not having to stress about money...Priceless!'

AMEN!

[battleajah]

How much (percentage) in penalties do you have to pay for taking the 401(k) directly instead of rolling over?

I'm planning on doing the same to one of my former work plans, since they are a pain to get them to rollover into my work plan.

[arcane]

Only 20%; which may sound like a lot but when you consider it, that's about how much of your pay check goes toward taxes.