Cash out roll over 401k from stocks? - GoFuckYourself.com

96ukssob · 08-10-2012, 03:32 PM

Last company I worked with, they put me on W2 and I had a 401k plan for about 9 months. Anyway, got a few grand out of it, then transferred it to Scottrade where I increased it over 20%.

When I asked Scottrade how to cash it, they automatically take out 20% (or so) for withholding. Some where I read that you can invest into your OWN company with a 401k. My accountant is gone this week, but not sure if anyone else did that.

Besides keeping it in there, whats the best way I can take it out to drop it at the craps table

96ukssob · 08-13-2012, 08:36 AM

Monday bump

08-10-2012, 03:32 PM	#1
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	Cash out roll over 401k from stocks? Last company I worked with, they put me on W2 and I had a 401k plan for about 9 months. Anyway, got a few grand out of it, then transferred it to Scottrade where I increased it over 20%. When I asked Scottrade how to cash it, they automatically take out 20% (or so) for withholding. Some where I read that you can invest into your OWN company with a 401k. My accountant is gone this week, but not sure if anyone else did that. Besides keeping it in there, whats the best way I can take it out to drop it at the craps table __________________ Email: Clicky on Me Last edited by 96ukssob; 08-10-2012 at 03:33 PM..

08-13-2012, 08:36 AM	#2
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	Monday bump __________________ Email: Clicky on Me