Pay Dirt: Are 401(k)s untouchable after a layoff? – Minneapolis Star Tribune

Pay Dirt: Are 401(k)s untouchable after a layoff? – Minneapolis Star Tribune

February 28th, 2009 by | Filed under Uncategorized.

Pay Dirt: Are 401(k)s untouchable after a layoff?Minneapolis Star Tribune, MNSo it pays to understand your 401(k) options in the event of a layoff. Cashing out your account and getting a check should be your very last resort. What will you live on when you retire? Also, in most cases you will have to pay taxes plus a 10 percent …

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