<prompt> Human: I currently have a 401k with about 17,000 in it. If I withdraw all of it, will all of the taxes be taken out prior to getting the money or will I be required to pay additional taxes when I file 2017 taxes? I have no use for a 401k so I might as well take the money out now and use it to pay off some debt.  <response>: No use for a 401k? Its a tax shelter, who doesnt need that? 