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Starting Out
HomeForumsStarting OutUsing 401K to fund REI
Mike B.'s profile image
Mike B.'s profile image
Mike B.
  • from San Antonio, Texas
  • Member since Sep 3, 2015
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Mike B.'s profile image
Mike B.'s profile image
Mike B.
  • from San Antonio, Texas
  • Member since Sep 3, 2015
Connect
Mike B.
  • San Antonio, TX
1
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3
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Starting Out

Using 401K to fund REI

Mike B.
  • San Antonio, TX
Posted Jan 6 2017, 15:55

Hello BP Members,

I'm new to REI and live in the San Antonio, TX area. Has anyone here on BP withdrawn 401K funds to begin a REI career? I am not talking a Self Directed IRA, as I want cash flow now. Also, can you describe the penalties, taxes, etc.

Thank you all.

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