Did this in 2020 with my 401k when penalties were waived. They asked what I was going to do with the money (only $1200, as I wasn’t at my previous job very long). I told them “buy bitcoin.” Had to go through a whole lecture about not buying bitcoin with it. After quite a back and forth, they finally cut the check. Jokes on you, Merrill Lynch. I’m up so much more than if I would’ve invested in bonds like they suggested.