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Is it Possible to Withdraw Funds from My 401(K) While Still Employed?

Can I Cash Out My 401(K) Without Quitting My Job? There are a number of ways to get money out of your 401(k) while still employed. The two most common of which are: 401(k) loans or in-service withdrawals. The question of whether you can get cash from your 401(k) without leaving your employer is yes, in most cases. The actual means to do so can vary from plan to plan. In doing so, it is important to note that an employer offering the plan (known as the plan sponsor) can opt-in or out of offering some of these methods. In most cases, it is written within a plan document as to what types of withdrawals are permitted within the plan. Make sure to check in with your company's HR department for the details specific to your plan. Read the full article here: Check out our website: DISCLAIMER: Andrew Crider, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal e...