Order of Importance?

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      If you participated in Roth IRA 401K meaning you paid with after tax dollars and the stock market loss money, you don’t pay any penalty. Because you will be retaining the money you put in. I learned that from my accountant, the hard way!

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      Original Message —-
      From: mem68
      To: Budget101_@yahoogroups.com
      Sent: Tuesday, April 8, 2008 6:26:07 AM
      Subject: Re: Budget101.com : Order of Importance?

      I would not take my 401K out to pay off a debt. You would prob have to pay a penalty. If using 401K for retirement (I have read)if you only w/draw 4%, it will last your lifetime.
      It took me some time to get to where I could pay my April bills w/ March social security ck.

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      From: Kristin
      To: Budget101_@yahoogro ups.com
      Sent: Tuesday, April 08, 2008 10:20 AM
      Subject: Re: Budget101.com : Order of Importance?

      What if you have a large amount of debt, yet have $20,000 in retirement. Should you take out the money from a 401K to pay off the debt?

      You rock. That’s why Blockbuster’s offering you one month of Blockbuster Total Access, No Cost.

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