My father died and left behind 401ks. Trying to manage money for elderly mother. How do I use 401k to cover expenses in the most tax efficient way possible. Dump 401k into IRA?
My father died and left behind 401ks. Trying to manage money for elderly mother. How do I use 401k to cover expenses in the most tax efficient way possible. Dump 401k into IRA? Hello Everyone. First ever reddit post here. Long time lurker. I'm from the USA. My father passed away a few months ago and left behind two 401ks totaling 340k and 47k that are now in my mothers control. I am trying my very best to figure out how to handle her money responsibly but I am a young man and my father passed so unexpectedly and I feel...