Thanks, everyone, for the responses to my questions on moving my 401K to my IRA accounts (can't do it). The gist that I'm getting is that there is a lot less (read: no) flexibility on moving a 401 than there is with IRA's.

The next question is, can I withdraw the money from the 401K, subject to income taxes and penalties such as those imposed on early IRA withdrawals? I'm that fed up with the plan that I (we) have, to the point that I would rather pay any taxes and penalties to get at the money. It's beyond my imagination that the government won't let you have your money, penalty or no penalty.

Carl C

I'm assuming that you are not old enough to get an in-service withdrawal, and except for a hardship withdrawal, you can't get your money out of the plan until you terminate employment. Even if you had a hardship you couldn't get 100% of your money.

Sorry Carl C but the different ways to get your money out that were discussed in the prior thread included distribution with penalty/taxes.

PAL