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Yes, that is your option. However, you can NOT cash out tax or penalty free. That fact that it was terminated is not an exception to the tax rules.
You other option is to roll it over to an IRA (or another employer's plan), tax & penalty free and continue to have tax deferred growth.
Yes, that is your option. However, you can NOT cash out tax or penalty free. That fact that it was terminated is not an exception to the tax rules.
You other option is to roll it over to an IRA (or another employer's plan), tax & penalty free and continue to have tax deferred growth.
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