Note that lump sum payouts of the pension & 401k can & ought to be rolled over to regular IRA for pre-tax and to ROTH IRA for post tax 401k. That way you can invest & regulate the withdraws to suit your tax & need situation. The tax consequences are considerable in cashing out 401k & pension lump sums into outside of sheltered accounts. #rollover #roth #regularIRA #401k
Posts mentioning hashtag #regularira
Below are all the posts — topics as well as replies — that mention the hashtag #regularira.
Mention #regularira in your post to continue the discussion!