RE: little advice/ just got info on my 401k
I am not a financial advisor either, but I did stay at a Holiday Inn Express recently. For the love of Pete, do not take the money out. I had a small amount in a pension after taking a new job after six months of employment. I went through a local credit union and rolled it over into a traditional IRA then into a Roth. For some reason, I think I had to do it that way. Anyway, if memory serves me correctly, there are certain withdraws you can make from your Roth before 59 1/2 without penalty. Someone correct me if Iam wrong, but I think you can withdraw penalty free money for qualifying medical expenses and even for a down payment for a first time homebuyer. Also, qualifying higher education expenses for you, your spouse, or children.