You might want to check with another financial professional if he told you that withdrawing money from your 401k is not a taxable withdrawal. There are very li

You might want to check with another financial professional if he told you that withdrawing money from your 401k is not a taxable withdrawal. There are very limited exceptions to the withdrawal penalty, and they are all hardship-based. Launching a startup is not a hardship. Alternatively, if you are doing one of those Roll-into-Business 401ks...well, you have a fool for a financial advisor or you are being taken for a ride.