When you started your business, were you thinking about your exit strategy, or who was going to take things over? Or were you just thinking “Can I even make this thing work so I’m generating enough income to pay my bills?” Fast forward ten years – you’ve created...
It is generally not advisable to withdraw funds early from your 401(k) due to significant penalties for doing so. If you take funds out of your 401(k) before you reach the age of 59 ½ you will be subject to a 10% penalty levied by the Internal Revenue Service (IRS)....