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Is it normal to withdraw your whole 401K?

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Is it normal to withdraw your whole 401K? This question isn’t about me, but I just saw that my parents withdrew 100% of their 401K (nearly $200000) from the bank well before retirement age and this confused me. Is this normal or is there something urgent they need money for? submitted by /u/morthalguards

Reddit Personal Finance 1.3k 2024-02-10