Well, I was thinking that if you're going to take the bozzle, you're also going to take your contributions. I think that you pay the 10% penalty on the contribution as well, right? So I was thinking of this as 50% - 10% penalty on entire balance which is a 35% return (1.5 *
0.9). But given a question posted earlier about this, perhaps the entire balance is not subject to the 10% penalty?-Will
OK, you're wrong. :)
What do you mean "tying up"? Presumably that money is going to be invested somehow. You haven't said how, but I've never heard of a 401(k) that didn't offer some kind of investment option. What are your options there?
Only if you can find another form of investment that does much better than what's available through your 401(k). So what are your 401(k) investment options?
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