Its tempting but keep in mind 1. You will take a penalty % of whatever you take out and 2. You have to count it as income at the end of the year for taxes and will likely have to pay.
I took out 14,000 from a previous employer because I needed it for life stuff. I dont regret it, but tax season the following year was not fun. I owed a couple thousand and didnt plan appropriately and it fucked me over this year and Im just NOW getting back to square one. Chase
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Its tempting but keep in mind 1. You will take a penalty % of whatever you take out and 2. You have to count it as income at the end of the year for taxes and will likely have to pay. I took out 14,000 from a previous employer because I needed it for life stuff. I dont regret it, but tax season the following year was not fun. I owed a couple thousand and didnt plan appropriately and it fucked me over this year and Im just NOW getting back to square one. Chase
RobbieRIOT ahhhhh see I didn’t think of the tax bs that comes with it. So stupid getting taxed on our own money so much. Ughhh