Originally Posted By: stlhead
True but the robbing Peter to pay Paul is pure Reaganomics 101. You'll be lucky to collect on that SS. At some point I'm going to be tempted to withdrawal all of my 401K moneys and pay at todays tax rate because, even with the penalty, tomorrows tax rate is going to be ugly.


Roll it into an IRA, then convert to a ROTH. You'll pay the taxes, but avoid the penalty. If you can't do that now because of income restrictions, you should be able to next year, when the rules change.