Finance & Investment Tips : Penalty for Cashing in a 401k Early

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Uploaded by on Nov 16, 2008

401k's are tax-free retirement savings financial accounts, and the penalty for cashing them in before the age of 59 1/2 is based on a person's taxable rate plus 10 percent. Avoid financial punishment by not withdrawing funds from a 401k retirement savings plan with advice from a registered financial consultant in this free video on finance and investment.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

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Howto & Style

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Standard YouTube License

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