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If you are starting a new job that offers a 401 (k) plan, you may have the option to bring your old plan over and consolidate it with the new one without taking a tax hit. If the new plan has great investment options, this might be a great move.Can I cash out 401k?
Yes you can "cash out" your 401k account. This is called a lump sum distribution. Note that you will likely need to complete distribution paperwork or contact your plan provider's 800 number to make your request. When you take a distribution like this, rather than rolling it over to an IRA or subsequent...