human
I have a lot of money in a 401k plan. What are my options?
assistant
Your options depend on the type of plan you have and how much money is currently invested. Generally, you can withdraw your contributions at any time without penalty, but you will incur taxes and possibly a 10% early withdrawal penalty if you withdraw more than $10,000. You may also be able to borrow against your balance or take out a loan from the plan. It's important to consult with a financial advisor to determine which option is best for you.