Beware: Casual Withdrawals from Retirement Accounts Can Bankrupt You
By admin on Jul 17, 2008 in Money
Here’s a strong warning from Sen. Herb Kohl, D-Wis, Chairman of the Senate’s Special Committee on Aging.
Too many people are using their retirement accounts, such as 401(k) as emergency funds and for quick cash. Even a small amount of piggy bank raiding can lead to wholesale disaster in your future, if you’re not careful.
Find out why. You may be in for a shock.
Check out Tapping Retirement Money Too Early Can Be Costly
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