6 Factors to Consider Before Cashing Out a 401(k)
From the U.S. News & World Report website
If you switch jobs and have a 401(k) through your previous company, you may have the option of cashing it out.
Many employees choose to take the money instead of keeping it marked for retirement. Among investors, one out of three has cashed out a 401(k) before age 59 1/2, according to data from Fidelity Investments.
However, before taking money out of the account, it pays to evaluate your reasons for the withdrawal, as well as the financial consequences that could result from the distribution. Here are some factors to consider before cashing out a 401(k).
Retiree News 
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