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    I Am 26 And I Would Like To Cash Out My 401k For Several Reasons,what Are The Taxes On That For The State Of Missouri?

    I have had some health problems and need to take the money out of my 401k to pay for my bills. I just want to know how much percentage wise the taxes are on doing something like that. ANd alose if there are any penalties.

    asked 1 year ago

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    Sorry to hear about your health issues. The good new is that the IRS allows you to withdraw without penalty for health issues. This link is the form that the IRS will want you to fill out: www.irs.gov

    Hope you are doing better, best of luck to you.

    answered 1 year ago   

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