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401k withdrawal plan. Pros and cons
401k withdrawal plan. Pros and cons Im 65, wife 68. I want to withdraw all or most from old 401k yo a savings and disburse money each month to 3 adult kids for about a year.I know I pay 20% tax from the git go plus state tax to be considered They will inherit it but would like to see them benefit from while we are alive The only con I see is taxes which is inevitable regardless. ...
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