Husband has $7k in his 401k, and i have about $5k. We are both nervous about losing it all from Blackrock's douchey money grab plan for their bailouts. What do y'all suggest we do with the money? Only gold and silver? Save some of it in the accounts? GME/DWAC? How do we least get screwed in this scenario?
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You can't get it out of your 401k. 40% max. Just sit on it, stop any frivolous purchases and buy as much silver as you can afford. Edit: stop contributing to it!!!
You can close out a 401k and withdraw everything but the upfront tax is 50% (30% federal plus 20% early withdrawal). Just better to take out a loan and slowly repay the loan but you must make sure to invest it in something that will exceed the loan interest.
Whatever you get is taxed again as income. I can't withdraw it without losing my job. Goyim lose no matter what