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Ask HN: Should I cash out my 401K and try to get my dream job?

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Re: Ask HN: Should I cash out my 401K and try to get my dream job?

#61
Thank you for asking this question. I think it crosses everybody's mind at some point. I've learned a lot reading this. Im in my early 30's. I think the best thing to do try to grow within your current company. I think of the story of oscar mayer when he walked into a meat packing company make his company. people wonder what if he would have walked into an icecream shop or a clothing chain. Perhaps now oscar mayer's would be a huge icecream company or clothing chain. Curiosity and a little creativity can go long way but nothing replaces hard work when talking about dream jobs.

Re: Ask HN: Should I cash out my 401K and try to get my dream job?

#62

Earlier quoted context omitted.

Early withdrawal penalty is 20% now.

Not true http://www.irs.gov/taxtopics/tc424.html Distributions received before age 59½ are subject to an early distribution penalty of 10% additional tax unless an exception applies.

Oh whoops, it was just the HSA withdrawal penalty that went up.
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