I cashed in a 401(k) while the market was up. I'm not so sure I came out as good as I thought.Originally Posted by Lutherf
I paid in about $1,800. I took out $3,678.93. I paid a penalty tax of $368. The $3,678.93 also put my income on a less lucrative part of the EIC chart. I still got back the money that I put into it but I don't think I made 12% gain overall.