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Updated over 11 years ago,

User Stats

167
Posts
19
Votes
Abdul R.
  • Real Estate Investor
  • Piscataway, NJ
19
Votes |
167
Posts

401k questions

Abdul R.
  • Real Estate Investor
  • Piscataway, NJ
Posted

I got some funds tied up in three 401k accounts. two from prior employers; one from current employer. I would like to release those funds to invest in real estate. I don't like to loan money from my own 401k. What are the options do I have? Should I take the payout from the older accounts after the penalty and the tax? Can I take a the money in any way from my current 401k? What are the ways to avoid the penalty?

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