What happens if my employer won’t release my 401k?

What happens if my employer won’t release my 401k?

Your company can even refuse to give you your 401(k) before retirement if you need it. The IRS sets penalties for early withdrawals of money in a 401(k) account. Depending on the situation, these penalties may be a small price to pay in the face of an emergency.

See also  What is Kemper Specialty?