Q
Cashing in My 401K to Pay off Credit Cards
September 06, 2008 by Jennifer V.
- Massapequa, NY
Hello All, I have about 8K in credit card debt I would like to pay off. I also have 11K in an old 401K from my pre...
ANSWERS
See all 40- Hi J., You should consult an accountant to be sure. But, I believe you pay all your capital gains taxes up front. I'd also consult an accountant about the best way ...
- DON'T DO IT! Dont cash in your future to pay off the past. You'll be creating more problems. Go to Consumer Credit Counseling Services, of New Jersey or whatever ...
