Comments on: Should I Cash in my 401K to Get Out of Debt? – Mona http://getoutofdebt.org/5369/should-i-cash-in-my-401k-to-get-out-of-debt-mona Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Mon, 13 Feb 2012 01:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: AHarris http://getoutofdebt.org/5369/should-i-cash-in-my-401k-to-get-out-of-debt-mona#comment-2643 AHarris Sun, 08 Mar 2009 23:05:50 +0000 http://getoutofdebt.org/?p=5369#comment-2643 Hi Steve After years of putting money aside in my 401K, over the last 6 months I have seen it drop rapidly. I have stayed the course thinking that it is a long term investment but my fear is that the Fidelity and other funds will continue to slide until my investments are worthless. Is it time to pay the piper, take the tax loss and cash in before the funds lose all value and I end up with nothing. Angela Hi Steve

After years of putting money aside in my 401K, over the last 6 months I have seen it drop rapidly. I have stayed the course thinking that it is a long term investment but my fear is that the Fidelity and other funds will continue to slide until my investments are worthless. Is it time to pay the piper, take the tax loss and cash in before the funds lose all value and I end up with nothing.

Angela

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