Cashing out a 401(k) is different from a loan. When you take cash out of your 401(k), you don’t pay it back. Instead, it’s treated like a withdrawal. You might consider cashing out a 401(k) as a last resortif you need cash for medical expenses, home repairs, or other unplan...
a check cashing service will take a personal check, written by you using one of your checks, but not a check made out to you by a third party, such as a friend, family member or business. A money order or cashier’s check can also be considered a third-party check. Examples of ...