answer is very simple

来源: 于 2011-08-04 19:35:04 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

If you cash out 401k, IRS will take you as income + 10% penalty.

 

For example your tax bracket (federal + state + local) is 30%, you will be taxed by 40%.