Message Font: Serif | Sans-Serif
No. of Recommendations: 0

I have a very stupid question to ask. I currently have a teenie bit of money sitting in a 401K retirement bank acct from a previous employer. I was thinking of using that money to purchase a few I bonds for a change of pace in investment vehicles.

Is it possible to take a distribution of this money to purchase the bonds without taking a penalty for it??


Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.