I am having to cash in my 401K from my past employer. I resigned 1/1/99 and started my own S-Corp. I am committed to keeping the business afloat and must recieve cash out of the plan. The current value is approx. $150,000. I need $40,000 per year to keep my home and family going. What options(other than borrowing against it) do I have that will limit my tax liability? THANK YOU
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