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From: spp@ucbvax.BERKELEY.EDU (Stephen P Pope)
Newsgroups: net.taxes,net.invest
Subject: Re: 401Ks and other company savings plans
Message-ID: <15387@ucbvax.BERKELEY.EDU>
Date: Fri, 22-Aug-86 18:33:42 EDT
Article-I.D.: ucbvax.15387
Posted: Fri Aug 22 18:33:42 1986
Date-Received: Fri, 22-Aug-86 23:46:14 EDT
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If you've got money in a 401k, and are thinking of needing it
other than for retirement... better pull it out pronto!

BTW, does anyone know if the penalty for premature IRA withdrawals
is still 10%, or is it also going up to 15%?  
Also, under current law, you can make a premature IRA withdrawal
without claiming hardship -- is there any change here?

steve