Connie, if you have a 401(k), you want to take out your money, and you are not 59 1/2, you will have to pay income tax plus a 10% penalty. If you still want to do this, call HR. Some HR departments can handle this. If
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The 72(t) could be a workable strategy, but probably based on your age, it won't generate the kind of cash you are looking for. At least that has been my experience with working with 72(t). I guess I am making the assumption
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If all else fails, depending on your age, amount in your 401k and the plan itself, you may be able to set up what is called a substantially equal periodic payment, sometimes referred to as 72(t), the IRS code to which it
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