Originally Posted by
GogglesPisano
How is this any different from allowing us to exceed our 401k contribution limits? (Other than the company being in possession of the fund with the commensurate risk, allowing is to withdraw it at any time, and index fund-only choices.)
Go back and read the fine print. Pretty sure you have to commit to a withdrawal plan prior to contributing. It's not an on demand withdrawal, but I'd be happy if I were wrong.