My employer matches my 401k contribution, so I'm not going to turn down free money. That being said, I will take it all out when I can avoid the penalty. The 40

My employer matches my 401k contribution, so I'm not going to turn down free money. That being said, I will take it all out when I can avoid the penalty. The 401k is simply tax deferred, so if I have the income I plan to have when I retire, I will still be in the top bracket. For that reason the 401k is useless to me.