I get kinda mad when I think about how I had to lose a cut of my 401k not just to taxes, but as an early liberation penalty, when Swan sent me an on chain transaction one day.
I still have that utxo though. I paid the man with funny money.
Discussion
What did they do? I use them for my IRAs and wondering if I should look elsewhere
401ks are set up so that there is an early withdrawal penalty to take possession of your own money. That's what I'm mad about.
Swan actually made it really easy to do the withdrawal.
Ok cool. So you withdrew your old 401k and paid the penalty to convert to an IRA with Swan?
I had moved my 401k into swan and converted it all into BTC. Then I just withdrew the BTC and they noted for me the dollar value at the time of the transfer, and I handled the tax/penalty myself.