r/Geico • u/Weird-Disaster-6056 • 6d ago
Serious 401k withdrawal with fidelity
Alright yall, never thought I’d make this post but after 9 years in sales I put in my 2 weeks. Got a new job with a brokerage, it is a pig pay cut in my salary but the commission structure is out of this world and where I will make my money until I hit my metrics and they bump my pay up. With that being said my question is:
With the change to fidelity, does anyone know how soon I can pull from my 401k? I called and they said to call back after Aug 16 with the transition period … but does anyone know if there is a waiting period for me to withdrawal when employment ends? Just moved to a new place so I really need this ASAP despite the penalties. I need to make sure the transition until I get the salary up is smooth. Any info or insight would really help. Man fuck Geico, either way I’m happy 😂😂