(NewsNation) — It is possible to cancel your 401(k) and cash it out while you’re still employed, but it comes at a cost. Andrew Latham, a certified financial planner, told InCharge Debt Solutions, ...
A 401(k) retirement account is supposed to be hands-off. It’s not your money, in theory, but savings for the future you. And yet, when Americans leave jobs, one-third of them cash out their 401(k) ...
Jordyn joined Investopedia in February 2025. She was previously a freelance writer covering lifestyle, entertainment, politics in the Midwest, and more. draganab / Getty Images One-third of ...