The Truth About Money With Beacon Wealth Management
Written by Your 5News Team
Last updated on August 22, 2013 @ 7:03PM
Created on August 22, 2013 @ 5:27PM

I am 57 years old and I just lost my job.  I have about $500,000 in my 401k plan and would like take some money out and rollover the rest.  Can you explain how the taxes and penalties will work?