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  •  No! (4.00 / 3)

    I'm sorry, but I think that would be the absolutely wrong thing to do. You will be destroyed on the taxes.  You will have to pay the full tax at the time of withdrawal plus another 10% on the pretax total.  You could loose 40% or more on the current value.  Just move your 401K funds out of the market and into cash funds or some other low yield, low risk setup.

    www.queenofthequeens.com

    by Thom in SF on Sun Feb 20, 2005 at 06:56:53 PM PDT

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