rocks911
Recycles dryer sheets
Is there any advantage to withdrawing money from a 457 (pre-tax) in monthly allotments vs. all at once.
Im about to retire after 31 years of fire/medic service and am looking to my 457 to maintain my lifestyle/provide money for property investments. So for example if I intend to pull, lets say $100,000 from my 457 in 2019, would it be better to pull $100,000 in a check in January or to receive it throughout the year in monthly installments of $8300?
I have a substantial amount of money in my 457 and want to pull it over time to invest in property to provide income throughout retirement and want to do it obviously in the least expensive way tax-wise.
Im about to retire after 31 years of fire/medic service and am looking to my 457 to maintain my lifestyle/provide money for property investments. So for example if I intend to pull, lets say $100,000 from my 457 in 2019, would it be better to pull $100,000 in a check in January or to receive it throughout the year in monthly installments of $8300?
I have a substantial amount of money in my 457 and want to pull it over time to invest in property to provide income throughout retirement and want to do it obviously in the least expensive way tax-wise.