Can You Cash Out A Retirement Plan? 
Certainly if it is your retirement plan you can cash out . However , there are many things to consider . If you are younger than 59.5 years old you will incur income taxes and a 10 % penalty plus the fees associated from companies and advisors who will charge withdrawal fees and surrender charges . It is not advised just to `` cash out '' a retirement plan at any age . I highly recommend finding a trusted advisor to walk you through this process . 