cash out

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  • verb

Words related to cash out

choose a simpler life style after questioning personal and career satisfaction goals

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References in periodicals archive ?
Roughly 30% of plan participants cash out their balance in a plan within two years of leaving a company, despite the tax ramifications and a 10% penalty for those below the age of 59 1/2, Madrian says.
Leakage occurs when employees cash out their DC plans when leaving a job or when they make hardship withdrawals.
Without proper 401(k) management, undisciplined investors will most likely cash out. And a whopping 55% cash out every time they change jobs.
Business owners looking to avoid the rise in Capital Gains Tax next April should consider a cash out arrangement in place of a hasty sale, says Clearwater Corporate Finance.