Post
Topic
Board Economics
Re: My bank account's got robbed by European Commission. Over 700k is lost.
by
MoonShadow
on 22/05/2013, 22:10:03 UTC
Also, if you are in the United States, you know that retirement account you thought you had?  Perhaps now would be a good time to cash out and go physical instead of one's and zero's...!

I think that you know that is easier said than done.  For most people, the tax consequences alone of early withdrawal results in most people delaying such a decision.  My wife would never let me do any such thing, until the day that I can show her that it's already happening to others, by which time it will probably be too late.  The only thing that I can realisticly do is take out a "loan" against it, for which I can only get half of the nominal value and I have to pay back.