Hello Brother. What sort of penalties did you incur when you liquidated your 401k? Or…we’re you able to pull one of the allowable excuses and get our without penalty?
Good for you
Discussion
You can pull it all and check the box not to withhold taxes on withdrawal. Up to you how to deal with it after that… mine’s already converted to bitcoin in cold storage so… 🤷♀️
Well at least a 10% early withdrawal penalty then it counts as ordinary income so depending on your tax bracket this is the one that crushes your windfall