Eisboch wrote:
"Boater" wrote in message
...
Ahhh 401k's.... Too bad about those.



That's one of the reasons why many people are having trouble being forced to
ante up tax dollars to
save GM and it's union in their current form and contractual relationships.
The "majority" are watching their own retirement investments tank, and are
concerned about their jobs, their families, their financial stability.




If you are still employed where your 401k is located and operating, is
there a mechanism to withdraw those funds without withholding or tax
penalty, and put them into another sort of tax deferred account, some
sort of IRA, where you have some say over where the funds are invested?
I wouldn't trust "the market" with my retirement funds, but I might
trust a federally insurance bank or banks.